Community banks and small businesses form the backbone of our economy.

Senator Kay Bailey Hutchison and Senator Mark Pryor for introducing S. 556, which would address this issue.

Senate bill 556 is a common-sense bill with strong bipartisan support that will enable growth in our Nation's economy while strengthening our community banking system.

Senator Kay Bailey Hutchison of Texas

The additional capital that would be gotten from our bill would free community banks to lend to creditworthy small businesses who in turn can go out and do what we need them to do: invest in new operations, projects, create jobs, and give…

I look forward to the testimony of the witnesses and to working with my colleagues on both sides of the aisle to develop bipartisan legislative solutions that promote job growth and business expansion while protecting investors.

S. 556 is a common-sense bill with strong bipartisan support that will enable growth in our Nation's economy, while strengthening our community banking system.

ABA strongly supports the bill introduced by Senator Hutchison which would update the shareholder threshold for registration for banks to 2,000.

Mr. Pai is a highly distinguished nominee with the experience and knowledge necessary to fill this post with distinction.

There is no question that we have some philosophical differences with certainly Ms. Rosenworcel.

I was really kind of shocked that we started a couple of years ago to draw up a bill to honor the 9/11 Commission's last unfulfilled request.

I do want to say that I have had disagreements with the FCC on the amount of regulation that they are doing.