WBA recently commented on FDIC, FRB, and OCC’s proposed Community Bank Leverage Ratio (CBLR) rulemaking implementing Section 201 of Economic Growth, Regulatory Relief, and Consumer Protection Act. The Act required the Agencies to set a CBLR between 8% and 10%. WBA urged the Agencies to finalize a rule that clearly provides the CBLR remains optional at all times, and that sets the CBLR at 8%. WBA also strongly encouraged the Agencies to continue efforts to further simplify the generally applicable risk-based capital standards to address unnecessary complexity and provisions that needlessly inhibit economic growth or constrain banks in fulfilling their core functions. Read the comment here.