Community banks and credit unions are in sync regarding a piece of legislation proposing to exempt certain institutions from consumer protection laws. At least one financial trade organization is pushing back against the bill, arguing that it “picks winners and losers.”
Trades offered their takes on how the bill would impact the industry if enacted, as well as how it could be improved.
Find out what financial professionals on different sides of the industry had to say ahead of the bill’s write-up in the House Financial Services Committee.