Message from the President
Bankers have literally been working on reg reform and relief since Dodd-Frank passed five years ago. Most everybody in Washington, DC agrees there is a big need for meaningful Congressional reg reform. The momentum for reg relief is increasing with a host of individual bills and a major reg reform bill winding their way through Congress. With the Congress on recess, one industry voice, Financial Education and Advocacy, Inc (FEAI), is mounting a public education campaign reinforcing the urgency for reg relief that will allow banks to better serve their customers. The ads will be run in Montana, North Dakota, Virginia and Indiana. Radio ads will run for the next two weeks throughout Montana and Monday’s (August 24) Billings Gazette has a full page ad. The print and radio ads are available on the MBA website, www.montanabankers.com. Congress returns to Washington on September 4. When visiting with Jon, Steve and Ryan, encourage them to support and pass financial reg reform this year! For your information, ABA has compiled a packet of issues to discuss with them, including regulatory relief, tailored regulation, portfolio lending, the Federal Reserve dividend proposal, credit unions and the Farm Credit System. Click below for your copy.
It is vital we keep these issues at “top of mind” for the delegation and urge their action on their part when they get back to Washington.