YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
The U.S. House of Representatives yesterday passed the Economic Growth, Regulatory Relief and Consumer Protection Act.
The bill rolls back reforms put into place by the 2010 Dodd-Frank Act.
Among other provisions, the bill would allow small and midsize banks to omit cash balances held at the Federal Reserve when determining how much capital they need to have.
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