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Tailored rulemaking receives more than 130 congressional signatures
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Dodd-Frank Basics, Financial Stability, Legislation, Nonbank Financial
Friday, April 1, 2016
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More than 130 members of Congress signed a letter addressed to the federal financial regulators, asking their leadership to consider tailoring regulations so that they “are the right ‘fit’ for the financial institution involved.” The letter was sent to Consumer Financial Protection Bureau Director Richard Cordray, National Credit Union Administration Chair Debbie Matz, Federal Reserve Board Chair Janet Yellen, Federal Deposit Insurance Corp. Chair Martin Gruenberg and Office of the Comptroller of the Currency Comptroller Thomas Curry. Read on for more details.
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