ABA President and CEO Frank Keating expressed bankers’ strong support for the House and Senate exam fairness bills—H.R. 1553 and S. 727–that were reintroduced on Monday. He also thanked the bills’ sponsors -- Reps. Shelley Moore Capito and Carolyn Maloney and Sens. Jerry Moran and Joe Manchin—for their leadership.
“Although no single piece of legislation could deal with the range of concerns bankers have about the current supervisory environment, [the exam fairness] bill would take a major step toward a more balanced and transparent approach regarding regulators’ decision making during the examination process,” Keating said.
Read the Senate letter.
Read the House letter.