Sen. Richard Shelby, a Republican from Alabama, earlier this month unveiled legislation that raises the minimum asset size for a bank to be automatically deemed “systemically important.” On Monday, dozens of U.S. regional and midsize banks, including two in North Carolina, signed a letter in support of Shelby’s bill.
Sen. Richard Shelby, a Republican from Alabama, earlier this month unveiled legislation that raises the minimum asset size for a bank to be automatically deemed “systemically important.” On Monday, dozens of U.S. regional and midsize banks, including two in North Carolina, signed a letter in support of Shelby’s bill. Joshua Roberts Bloomberg
Sen. Richard Shelby, a Republican from Alabama, earlier this month unveiled legislation that raises the minimum asset size for a bank to be automatically deemed “systemically important.” On Monday, dozens of U.S. regional and midsize banks, including two in North Carolina, signed a letter in support of Shelby’s bill. Joshua Roberts Bloomberg
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May 18, 2015 7:28 PM

2 NC banks sign letter calling for easing of Dodd-Frank regulations

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