Bipartisan legislation seizes opportunity for local growth
March 5, 2018
Partisanship has taken hold of our political lives from Washington to right here in Northwest Montana. Despite all the political ill will, there appears to be one issue that Republicans and Democrats can agree on—promoting local economic growth through our nation’s community banks.
At a time of political polarization, it was encouraging to learn that the Senate Banking Committee recently accomplished something rare: passing a bill developed by Republicans and Democrats on a bipartisan basis. Designed to tailor financial services regulations to ease the burden of red tape on locally based community banks like Three Rivers Bank of Montana, the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) passed with support from senators from both parties and can now head to the Senate floor for a vote.