S. 2155 won’t end finreg debate, but it’s an important first step

R Street
May 18, 2018

The U.S. House reportedly will move next week to take up and pass a modest financial regulatory reform bill already approved by the Senate – S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act.

Credit unions lost $1.1 billion in revenue due to regulatory costs.
Regulatory burden has already cost credit union members over $7.2 billion.
Further regulation of credit unions will only cost you more time and money.