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Lawmakers on the Senate Banking Committee may still stand divided on regulatory reform, but Thursday's markup points to ongoing desire for a way forward.
May 21 -
Federal regulators are working to streamline call reports for community banks in response to industry complaints that some of the requirements are unnecessary and increasingly burdensome.
May 29
Former Wells Fargo Chief Executive Richard Kovacevich on Friday said that "regulation is killing small banks."
"It is very unfair, the level of regulations being put on small banks and small businesses," Kovacevich said, adding that large companies are better able to "deal" with regulation than small ones.
Congress is considering regulatory relief for community and regional banks. Last week, members of the Senate Banking Committee