I mentioned it earlier, but let me mention again the Waters amendment which we adopted in the committee, which requires Federal regulators to convene meetings of community leaders, depository institutions and other interested parties to explore ways of replacing a branch that is closing with adequate facilities to replace it.
Discussing the Waters amendment related to closing bank branches.
Share
More from Stephen Neal
I would point out there are a number of important consumer protections for less-advantaged people in the bill. There is a number of consumer benefits for all Americans in the bill; there is a number of benefits for business in the bill…
I said before, I do not want to say that I am going to go back and try to change the interstate banking legislation because that is not what we are about, but in terms of trying to improve the American banking system insomuch as I can help…
Honestly, I will say to the gentleman, and maybe this will answer all of the questions, if there is any evidence that our banking system is flawed and not serving the American public the way it should, I want us to look into it. So I would…
I just want to point out that the bill, H.R. 3841, already contains many important consumer provisions. It preserves State branching, consumer protection, fair lending, and community reinvestment laws as they apply to interstate branches…
Other voices in this conversation
