01/31/2017
https://www.congress.gov...
"The rapid rate of consolidation away from community banks that has occurred since Dodd-Frank's passage is striking given that this regulatory overhaul was billed as an effort to end 'too-big-to-fail'."
"Congress and the President attempted to deal with threats to our financial system, threats that were posed by a handful of the largest institutions in the world in 2010 through Dodd-Frank."
"Even though some of them have some of the healthiest balance sheets, business models, and relationships in the entire financial sector, the fact is compliance costs, at least a portion of them, are of..."
"I helped to start a small bank in the Lehigh Valley of Pennsylvania and the western part of New Jersey with the goal of lending to small businesses and local residents."