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Monday, May 18, 2015

ABA and ABIA Issue Analysis of Shelby Reg Relief Proposal

ABA and ABIA on Friday issued a detailed analysis of the regulatory relief proposal from Senate Banking Committee Chairman Richard Shelby (R-Ala.), which is expected to be voted on by the committee later this week.

ABA and other trade groups sent a letter to the committee on Friday thanking Shelby for introducing the bill and describing it as an “important step toward addressing the statutory and regulatory obstacles that stymie banks and credit unions from more fully serving the diverse financial needs of American consumers.”

Read the analysis. 

Read the letter.