WASHINGTON – Sen. Sherrod Brown (D-Ohio) told attendees of NAFCU's 2015 Congressional Caucus that efforts to amend the Dodd-Frank Act in order to provide regulatory relief failed this year – and will keep failing as long as the bill's opponents bring forth efforts to repeal the measure or make major changes to it.
Brown (pictured) told his audience's mix of credit union industry executives and board members that he supported regulatory relief, especially for financial institutions with less than $10 billion in assets, but said neither he nor other Democratic senators would go along with efforts to gut or repeal the bill.
"We just aren't going to do that," Brown said.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
