President Trump has arranged a meeting with community banks to be held today, with eyes on the administration’s goal of cutting regulations. Heads of the American Bankers Association and the Independent Community Bankers of America (ICBA) will be in attendance, along with chief executives of nine community banks. Reuters reported today that the White House largely shares ICBA’s view that there should be a tiered system of regulations which treats smaller banks differently from global giants. Boomberg has also provided a list of attendees here.
Photo: Reuters / Jonathan Ernst
Trump to meet community bankers on cutting regulations
The listening session is aimed at identifying parts of Dodd-Frank that most burden smaller banks.