Tag: economics

RELEASE: Blunt-Backed Bill Would Strengthen Consumer Protections, Provide Regulatory Relief for Community Banks

WASHINGTON – U.S. Senator Roy Blunt (Mo.) recently cosponsored the Economic Growth, Regulatory Relief and Consumer Protection Act. This bipartisan legislation would roll back excessive red tape on community banks, and strengthen consumer protections for veterans, senior citizens, and victims of fraud. “Credit unions and community banks provide critical financial services for families and small businesses across Missouri,” said Blunt. “However, since Dodd-Frank became law, small and mid-sized banks have faced a huge regulatory burden […]