Washington, April 28 -- Congressman Mike Haridopolos issued the following press release:
During today's House Financial Services Committee hearing, Prioritizing Main Street: Evaluating the Impact of Capital Proposals on Economic Growth and American Communities, Congressman Mike Haridopolos (FL-08) pressed regulators on how their proposed rules would affect regional lenders and the communities they serve.
"The 2023 rule lumped regional banks in with Wall Street giants. We need capital standards that actually reflect a bank's risk, size, and business model," said Congressman Haridopolos. "When regulators get that balance right, banks can focus on serving their customers instead of navigating one-size-fits-all mandates."
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