Political Quotes

“just one final wrapup issue. I ask unanimous consent to have printed in the Record a letter of support for this amendment from ICBA, the Independent Community Bankers of America. There being no objection, the material was ordered to be printed in the Record, as follows: Independent Community Bankers of America, Washington, DC, July 17, 2014. U.S. Senate, Washington, DC. Dear Senator: On behalf of the Independent Community Bankers of America and the more than 6,500 community banks nationwide, I write to urge you to vote YES on Amendment 3550, offered by Senator David Vitter, to the Terrorism Risk Insurance Program Reauthorization Act of 2014 (S. 2244). This amendment would ensure at least one member of the Board of Governors of the Federal Reserve (the Board) has experience as a community banker or as a supervisor of community banks. The Board not only plays a key role in our economy by promoting employment and stable prices, but is also an important regulatory body for the U.S. and global financial system. A broad range of representation on the Board is critical to its effectiveness. Community banks are vitally important to the nation's economy, particularly with respect to small business lending and providing banking services in small and rural communities. These banks and the communities they serve have vital interests at stake in the economic, banking, and payment system issues that come before the Board.…”