A Senate committee Tuesday moved toward approval of bipartisan legislation to ease regulations on smaller banks.
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Senator Mike Rounds: Our local banks and credit unions play an important role in helping our businesses thrive and our communities grow.
The Telephone Consumer Protection Act (TCPA) was enacted in 1991, when landlines were king, as a response to consumer complaints of unwanted harassing telemarketing calls.
Small banks lobbied waffling Republicans to scrap rule that would have made it easier to sue financial industry.
CUNA July 14, 2017