Top Tweets for #tailoried

over 1 year ago

.. @federalreserve Gov Bowman once again demonstrates in words and actions why she is the perfect fit for the VC Position at the Fed. Nominate her now! #Tiered and #Tailoried regulations must happen for #MainStreet to flourish! @ICBA “Tailoring is important for all banks, but it is particularly important for community banks. There are real costs not only to banks, but to communities, when the framework is insufficiently tailored, as community banks faced with excessive regulatory burdens may be forced to raise prices or shut their doors completely. These banks often reach unbanked or underbanked corners of the U.S. economy, not only in terms of the customers they serve but also in terms of their geographic footprint. We are all familiar with banking deserts and the challenges many legitimate and law-abiding businesses and consumers have in accessing basic banking services and credit. It is difficult to imagine that a system with far fewer banks would as effectively serve U.S. banking and credit needs and sufficiently to support economic growth. https://t.co/rve9vvM3Sf

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