KEITH J. ROTHFUS: “I don't think we can say that this rule is necessary or helpful.”

Our financial sector has undergone significant changes in the past few years. We have witnessed a distressing trend of consolidation and closures, driven, in part, by overregulation.

An important principle supporting this effort is that we need to consider the cost and benefits of any major change.

Given this distinction, how will the Fed be tailoring regulations for banks above the $250 billion threshold?

Last year, Congress passed a multi-trillion dollar tax cut for--as you are well aware--and I think the theory behind it is as reported in the press and by some of my colleagues was that it would spur investment and thereby increase hiring…