Illinois Bankers Association

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Think Recent Banking Regulations are Helping Illinois? Think Again.

July 22 is the seventh anniversary of the enactment of the Dodd Frank Act (the federal law that imposed sweeping government oversight on the banking industry), and we have had ample time to see whether these changes are working as Congress intended. When writing this law, lawmakers thought if they cast a wide enough net with tens of thousands of pages of rules, they could better protect consumers and small businesses. Experience has shown that in many ways this has not been the case.

Read the Op-Ed by IBA Chairman Dan Watts


 


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