Join WBA and take action now to help move regulatory reform forward! Just yesterday, WBA sent messages to Senator Johnson and Senator Baldwin on behalf of the industry but now it is your turn. After years of banker advocacy, momentum is finally building in the Senate to pass commonsense regulatory reform legislation. The Economic Growth, Regulatory Relief and Consumer Protection Act, S. 2155, introduced by Senate Banking Committee Chairman Mike Crapo, Senators Jon Tester, Heidi Heitkamp, Mark Warner, Joe Donnelly and 14 additional senators, recently passed the Senate Banking Committee with a strong bipartisan vote of 16-7. The bill, among other things, includes provisions to promote mortgage lending, simplify capital requirements, and reforms examination and supervision. WBA is asking all bankers to urge our Senators to support and co-sponsor S. 2155, which is a solid step towards right-sizing regulations, using either ICBA's or ABA's automated systems.
We need the full Senate to take up this critical bill to achieve meaningful regulatory relief that will strengthen economic growth, job creation, and consumer protection. Every bank staff member should take a few minutes to act now to help move this momentum forward so our industry can finally realize the first step toward balancing its regulatory burden. Thank you in advance for your prompt action!