Dodd-Frank

The banking industry is counting on regulatory relief coming out of the Trump administration and Congress, but there are significant constraints on how much they might be able to deliver.

It's hard enough lobbying for big changes on Capitol Hill, but sometimes it only gets harder when it comes time to actually implement them.

The current partisan war over the Dodd-Frank Act is just one dispute in a broader ideological divide about the government’s role in industry.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

Under the Trump administration, the challenge for the industry is to find the proper balance between supporting post-financial crisis regulations that have worked well and campaigning for reform efforts that have been ineffective.

Critics of Dodd-Frank argue that post-crisis regulations put a damper on lending. But loan growth at regional and community banks has "actually been very strong," says Joo-Yung Lee, head of North American financial institutions at Fitch Ratings.

A vote on a House plan to replace the Dodd-Frank Act may not happen as quickly as originally expected due to limited floor time and other legislative priorities, such as health care reform, that are likely to take precedent.

In President Trump’s first joint address to Congress, he listed several top priorities, including repealing Obamacare and enacting tax reform, but made no mention of reforming the Dodd-Frank Act.

Lawmakers voiced bipartisan support for regulatory relief, arguing that small financial institutions have had to bear the brunt of too many regulations.

As banking leaders gain a more substantial policymaking role, they will have a greater impact if they stake out a clear position in favor of regulations that protect investors and depositors.

CFPB overreach continues to negatively impact credit unions, who are being punished for behaviors they never engaged in. The easiest way to provide regulatory relief for CUs is to finally exempt the movement from all CFPB oversight.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

The trade group's "candidate school" will teach members about campaign fundraising and other political basics, in an effort to boost the number of elected officials who understand banking.

Any amendments to the current regulatory framework must preserve banking regulation and supervision’s vital role in the proper functioning of our economy.

The new group, which will work alongside the bank’s lobbyists and focus on policy at U.S. and overseas regulators, is being run by Kevin Bailey, an alum of the OCC and GE Capital.

Attendees at an American Bankers Association conference believe a massive overhaul of banking regulations is unlikely.

If policymakers put empirical evidence ahead of ideology, the executive order is an opportunity to build on post-crisis improvements and address unintended consequences of reforms.

Rep. Blaine Luetkemeyer, the chairman of the House financial institutions subcommittee, said Wednesday that he plans to reintroduce a bill that would change the way banks are designated as systemically important.

Senate Banking Committee Chairman Mike Crapo said Wednesday that although he plans to begin working on housing finance reform and changes to the Dodd-Frank Act, the poor relationship between Democrats and Republicans will hinder any progress.

Federal Reserve Chair Janet Yellen appeared Tuesday before an uncommonly collegial hearing of the Senate Banking Committee, but the lack of outward drama masked the fact that lawmakers from both parties were using her testimony to lay the groundwork for a broader battle over the future of regulatory reform.