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Tuesday, January 13, 2015

ABA Shares Legislative Platform for 114th Congress

As the 114th Congress gears up, ABA distributed its legislative platform to congressional leadership. ABA President and CEO Frank Keating wrote:

Our priorities represent an overarching focus on helping America’s hometown banks — of diverse sizes and charter types — serve their customers and grow the economy.

Informed by the priorities developed by ABA’s Government Relations Council, ABA is seeking regulatory relief from overly prescriptive rules on mortgages, capital and liquidity; a balanced approach to regulation and enforcement; enhanced partnerships and security standards for cybersecurity and data breaches; a more tailored approach to bank regulations; a level playing field for all financial institutions, including credit unions and the Farm Credit System; and a protected payments system.

Bankers can use these legislative goals as a basis for conversations with lawmakers. Later this month, bankers will meet with freshman members of Congress to discuss the banking industry’s top priorities, and in March, bankers will meet with lawmakers during the ABA Government Relations Summit.

Read the letter.
View ABA’s Government Relations Priorities.

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