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Friday, March 10, 2017

Nichols, Stewart Recap White House Meeting in TV Interviews

Rob Nichols discussed the White House meeting afterward in a live interview on Bloomberg Markets. The bankers and Trump discussed ways to “make it easier and more efficient for community banks all over the United States to serve their customers, clients and communities,” he said.

Nichols also told Bloomberg correspondent Kevin Cirilli that the group had discussed the wave of forthcoming appointments to financial regulatory agencies. While no names were raised, “this president definitely understands the need to have people with real-world, common-sense experience at these regulatory entities,” Nichols said.

On Fox Business’ “Cavuto Coast to Coast” program, Nichols added that the bankers discussed mortgage and small business lending regulations with Trump and that “he demonstrated an understanding to do [regulatory relief] in as expedient a manner as possible.”

Laurie Stewart appeared on CNBC’s “Closing Bell” program to discuss the meeting. “The president was listening about the layering on of regulations and the things that are impeding us from lending,” she said, highlighting the Qualified Mortgage rule and Home Mortgage Disclosure Act expansion as examples.

Watch the Bloomberg interview.
Watch the Fox Business interview.
Watch the CNBC interview.

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Robert Welain said...
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