Unscrambling Congress’s Mixed Messages
Banks can have a hard time deciphering friend from foe among members of Congress in the post-crisis era. Between legislators’ calls for deregulation and their criticisms of regulators’ insufficient approach to enforcing rules and prosecuting offenders, U.S. financial institutions may find themselves plucking petals, wondering if “they love me” or “they love me not.”
BY: BRANDON DANIELS
On the “love me” side, memories of the recent financial crisis appear to already be fading from the minds of Congressional representatives on both sides of the aisle. Support for deregulation is on the rise.
Read the full article on American Banker here.