Tag Archives: tailored regulation

State Associations Call on Senators to Support TAILOR Act

All 52 state associations wrote to senators today urging them to co-sponsor the TAILOR Act, which would direct financial regulators to tailor regulatory actions based on the sizes, business models, risk profiles and other differentiating characteristics of the institutions they supervise.

Read More »

ABA Publishes Staff Analysis of Financial Choice Act

ABA has published a staff analysis of the Financial Choice Act, a nearly 500-page bill introduced by Rep. Jeb Hensarling (R-Texas) aimed at rolling back the Dodd-Frank Act’s extensive supervisory regime and providing regulatory relief for banks of all sizes.

Read More »

Sen. Rounds Introduces ABA, Alliance-Backed Tailored Regulation Bill

Sen. Mike Rounds (R-S.D.) today introduced the TAILOR Act, which would require financial regulators to consider bank risk profiles and business models when taking regulatory actions. The bill -- a signature part of ABA’s Agenda for America’s Hometown Banks -- has been strongly advocated by ABA and the alliance of state bankers associations.

Read More »

Hoenig Pitches Regulatory Relief Plan Again

Speaking at the agency’s community banking conference today, FDIC Vice Chairman Thomas Hoenig again offered a “legislative remedy” for excessive and ill-tailored regulatory burden for banks engaged in what he called “traditional banking activities,” which would encompass most community banks and some regional banks as well.

Read More »

House Members Nudge Agencies on Tailored Regulation

In a letter to the federal banking agencies today, a bipartisan group of 133 House members asked what regulators are doing to tailor their rules to the diverse entities they supervise and to identify areas where they need additional legislative authority to tailor rules.

Read More »