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