Loading...
You are here:  Home  >  Government and Politics  >  Current Article

FDIC unveils Dodd-Frank alternative for ‘better’ bank regulation

Posted by   /  March 13, 2017  /  No Comments

    Print       Email

Reducing risk to taxpayers named as one motivation

By Jacob Gaffney | HousingWire

The Vice Chairman of the Federal Deposit Insurance Corp. just unveiled a proposal to regulate banks in a way he feels will be superior to current Dodd-Frank financial reform.

Speaking at the Institute of International Bankers Annual Washington Conference, Thomas Hoenig said that while Dodd-Frank is well intended, the regulations are too burdensome for all banks, “especially smaller banks.”

To remedy those issues, Hoenig presented an alternative.

Continued:

    Print       Email

Leave a Reply

Your email address will not be published. Required fields are marked *

You might also like...

Nearly 32,000 Arizona jobs at stake in Trump budget

Read More →