Morning Scan: Regionals Push to Change $50B Asset Rule; Anti-CFPB Ad...
11/16/15
Wall Street Journal
Megabanks are "lying low" while Congress tries to wrap up its budget for the year. But that doesn't mean some other financial-services institutions aren't trying to push through their own agendas. Regional banks want to ease their regulatory burden, specifically by raising the $50 billion threshold that triggers stricter oversight under Dodd-Frank. The change is seen as helping institutions like Capital One Financial and M&T Bank. Democrats on the House Financial Services Committee...
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