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Wednesday, May 7, 2014

House Passes ABA-Advocated Reg Relief Measures

The House passed two ABA-advocated regulatory relief bills — H.R. 3329 and H.R. 2672. As previously reported, the bills would raise the threshold for small bank holding company regulatory relief from $500 million to $1 billion and provide a mechanism for individuals and businesses in rural areas to appeal the CFPB's designation of a rural or underserved area.

Read more about the bills.

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