Political Quotes

Andy Barr: Reducing the efficiency of bank M&A can be a deterrent to healthy bank transactions. It can reduce the effectiveness of…

On the recordMay 20, 2025
Reducing the efficiency of bank M&A can be a deterrent to healthy bank transactions. It can reduce the effectiveness of M&A activity that preserves the presence of community banks in underserved areas, prevent institutions from pursuing prudent growth strategies, and actually undermine competition by preventing firms from growing to a larger scale, effectively creating a 'protected class' of larger institutions.
Said by
Andy Barr
Republican · Kentucky

Editor's note · Context

Discussing the impact of bank mergers and acquisitions on competition and community banks.

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