Looking for relief (Virginia Business)

February 6, 2017

As far as community bankers are concerned, the road to Dodd-Frank was paved with good intentions, but it wound up in the same place as every other highway built from those materials.

In its zeal to respond to the 2008 financial crisis, the bankers say, Congress didn’t consider the onerous regulatory burden that parts of the Dodd–Frank Wall Street Reform and Consumer Protection Act would place on smaller banks.