Mr. Speaker, this is a good bill that will help community banks. The bill is supported by the National Bankers Association and the Community Development Bankers Association, and I am very pleased to support it. As we have discussed, there is more Congress can do to update the deposit insurance reform framework to ensure it is working for community banks, for midsize banks, for MDIs and CDFIs, for rural banks, and all of their customers, especially the small businesses, nonprofits, churches, and other organizations and their workers. Let's pass comprehensive deposit insurance reform into law without further delay. In the meantime, I, again, urge my colleagues to support this bill, and I yield back the balance of my time.
Maxine Waters: “Mr. Speaker, this is a good bill that will help community banks. The bill is supported by the National Bankers…”
Editor's note · Context
Discussing support for a bill aimed at reforming deposit insurance for community banks.
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