In section 2 of this bill, the language provides a 25- percent deposit cap or concentration limit for banks in any one State. Oklahoma law currently sets an 11 percent deposit cap in the State banking code. Under the House version of this bill, it is clear that States have the right to set their own limits. My question is does the language in the Senate's version of the bill preempt Oklahoma's 11- percent concentration or deposit cap limitation?
Questioning the implications of a banking bill on state deposit cap regulations.
Share
More from Don Nickles
If you do really good tax reform, you do not need energy tax issues. Let the marketplace work.
I would have to look at the figures. The baseline scored by OMB was 521. The baseline scored by CBO was 477. The figure we had before us in the budget resolution, I would want to check. CBO is in the process of revising that. We use CBO…
We should not be giving advantages to our international competitors over our U.S.-based companies.
The biggest economic boon to this country has been the explosion of oil and gas activity, primarily because of fracking.
Other voices in this conversation
