I thank the Senator from Texas and the Senator from Montana and the others involved. This is a very constructive amendment and a very solid idea to add to the bill. It alleviates the burden financially on smaller institutions. It adds that larger institutions have a greater capacity to share more equitably in these costs. You don't want to keep adding assessments on institutions that are already trying to lend to businesses in their communities, to provide mortgages and the like. There is a lot of commonality and many common interests, and too often the public only sees the fights we have and they don't realize how many issues we agree on.
Editor's note · Context
The speaker is discussing an amendment to a bill that addresses financial burdens on smaller institutions.
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