After conducting research to identify regulatory challenges facing community banks and credit unions, the Government Accountability Office released a report detailing recommendations for executive actions that could alleviate some of the most burdensome policies implemented since the Dodd-Frank Act’s passage.
The report also noted limitations to Economic Growth and Regulatory Paperwork Reduction Act reviews and how they may be addressed.
Find out what specific regulations the report highlights as being particularly burdensome and what it advises federal regulators to do.