Sub S Bank Assoc.

Founded in 1998, the Subchapter S Bank Association is the only organization that exclusively works to protect and enhance the benefits of S corporation banks.

[Sub S Bank Assoc. @subsbanks]

Read the latest Sub S May News Brief here!https://t.co/CiWpCubhbC

[OCC @USOCC]

The OCC has taken a range of actions to better tailor its supervision and provide meaningful reforms to community banks so they can continue to drive economic development in their local communities and the broader national economy. Read more at https://t.co/j7NzxMGCNd.

[Financial Services GOP @FinancialCmte]

This morning, Chairman @RepFrenchHill joined @SpeakerJohnson to discuss the House's amendment to the 21st Century ROAD to Housing Act:

“We look forward to a good vote that will advance housing affordability, housing accessibility, help our American families in all 50 states, and also accomplish President Trump’s goal of limiting institutional investors’ ability to compete against our moms and dads who are out trying to buy a house.”

[Financial Services GOP @FinancialCmte]

NEW: Chairman @RepFrenchHill's statement on bipartisan amendment to the 21st Century ROAD to Housing Act:

[Sub S Bank Assoc. @subsbanks]

Read the lastest Sub S News Brief Here! https://t.co/awSNq6lSel

[Financial Services GOP @FinancialCmte]

The Committee's pleased to see that the Federal banking agencies have finalized their rule to revamp the Community Bank Leverage Ratio (CBLR). When created in 2018, the CBLR was intended to ease the regulatory burden on community banks by allowing them to comply with a simpler leverage ratio requirement instead of the complex suite of capital requirements applicable to larger banks.

The previous CBLR rule fell short of accomplishing this and so I am glad to see that the original purpose has finally been accomplished. Tailoring regulation to the size, complexity, and risk-profile of a bank is important and I look forward to the future work of the agencies to further that principle.

[OCC @USOCC]

Comptroller Jonathan V. Gould issued a statement about the Community Bank Leverage Ratio final rule, which provides banks with greater flexibility to use a simpler measure of capital adequacy and reduces regulatory burden. Learn more at https://t.co/L4zIGDW565.

[Bank Policy Institute @bankpolicy]

RELEASE: The @USOCC's proposed changes to its framework for banks’ appeals of supervisory decisions would restore confidence, bolster accountability and improve transparency in the appeals process, BPI, @ICBA and @AABD_News said in a comment letter filed yesterday: https://t.co/lA7HR9SLVB

[Financial Services GOP @FinancialCmte]

@RepFrenchHill @RepMeuser @RepRWilliams H.R. 941, the Small Lenders Exempt from New Data and Excessive Reporting (LENDER) Act, by Chairman @RepFrenchHill passed 26-22.

[Sub S Bank Assoc. @subsbanks]

See the latest Sub S Bank Report here! https://t.co/6rhjmdWqNk

[American Bankers Association @ABABankers]

We appreciate @federalreserve Vice Chair Michelle Bowman previewing the new Basel III proposal at #ABASummit and her work to ensure “that banks of all sizes can be positioned well to support economic activity and businesses in your communities and across the country.”

[Comptroller Jonathan Gould @USComptroller]

Our community banks serve the people and sectors that keep local economies and Main Street businesses thriving.

Today's final rules advance our work to deliver fit-for-purpose regulation that reduces unnecessary burden, levels the playing field, and better mobilizes capital toward communities across the United States.

[Financial Services GOP @FinancialCmte]

@RepFrenchHill @RepAndyBarr H.R. 6955, the Main Street Capital Access Act, by Chairman @RepFrenchHill and @RepAndyBarr passed 26-16.

[Financial Services GOP @FinancialCmte]

WATCH: Chairman @RepFrenchHill in support of H.R. 6955:

“Community banks are not relics of the past. They are foundational to our financial system and indispensable to our economy. Our community banks finance small businesses, support family owned farms, provide mortgages in rural communities, and serve as trusted institutions on main street in towns across our country. It's our duty to ensure that these community banks are not squeezed by laws and regulations that were written for the largest, most complex institutions.”

📺⬇️

[Financial Services GOP @FinancialCmte]

WATCH: Chairman @RepFrenchHill delivers opening remarks at today's markup:

"The bills before us today reflect President Trump and Republicans’ shared commitment to promoting pro-growth, America-first policies. We are working to strengthen Main Street, expand access to capital, support American businesses, and ensure our financial system remains the most dynamic in the world."

📺⬇️

[Sub S Bank Assoc. @subsbanks]

https://t.co/BjU8GMcvOk

[Comptroller Jonathan Gould @USComptroller]

Since the financial crisis community banks with less than one billion dollars in total assets have seen their numbers cut in half. That is unacceptable. We are taking action to reduce the burden on these vital local institutions.

[American Bankers Association @ABABankers]

ABA appreciates @BankingGOP Chair @SenatorTimScott’s comments on tailoring, including indexing key regulatory thresholds to GDP, at this week's bank regulator hearing. Watch below👇

[Sub S Bank Assoc. @subsbanks]

See the latest Sub S Bank Association News Brief here! https://t.co/ADyt31PByw

[Treasury Secretary Scott Bessent @SecScottBessent]

Welcome remarks from @federalreserve Vice Chair Bowman, which echo many points that I have made over the past year.

President Trump’s economic policies are delivering real benefits for Main Street, and the Treasury is working hard to deliver regulatory capital reform that allows our community banks to deliver affordable credit to homebuyers.

As we continue to work closely with our federal banking agencies to empower community banks and support Main Street prosperity, updating regulatory capital requirements will allow our banks, including community banks, to provide affordable mortgage credit to homebuyers.