Tom Rice: “The burdens created by Dodd-Frank are causing many small financial…”

On the recordSeptember 16, 2015

The burdens created by Dodd-Frank are causing many small financial institutions to merge with larger entities or shut their doors completely.

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Republican · South Carolina

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Tom Rice discusses the adverse effects of Dodd-Frank on community banks.

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I think the reason that they only search two is because, when we did the background-check law in the mid-1990s, the N-DEx system did not exist.

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Tonight, it is South Carolina as you mentioned. This is the Tom Rice versus Russell Fry.

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Tom Rice: “The burdens created by Dodd-Frank are causing many small financial institutions to merge with larger entities or shut…”