Right-size rules
The Kansas City Star, Missouri
April 26, 2018
At a time when partisan politics are all too common, we are seeing something different from Congress. The U.S. Senate passed the Economic Growth, Regulatory Relief, and Consumer Protection Act, with both parties voting in favor. Our lawmakers have returned to Washington. Now it’s time to move this bill across the finish line and into law.
The 2010 Dodd-Frank Act created a one-size-fits-all response to the financial problems created by big Wall Street banks. Local financial institutions face the same regulations with fewer resources. As a result, the effort to protect consumers left them with fewer financial choices and rising costs.