Access on cspan, cspan2 cspan radio and cspan. Org. Recently the Federal Reserve and Consumer Financial Protection Bureau removed some lending restrictions on small banks. Next the Senate Banking committee looks at Community Banks and federal regulations. Richard shelby of alabama chairs the hearing. Next the Senate Banking the hearing will come to order. This week the committee here on banking begins an examination of potential changes to the current regulatory structure. Today we will focus on regulatory relief for smaller Financial Institutions. In the near future we will continue this examination by focusing on unnecessary statutory and regulatory impediments across the Financial Services spectrum. While there are some who continue to argue that current law is beyond reproach, there are many on both sides of the aisle that believe improvements can and should be made. Today we will hear from regulators on some of the lessons theyve learned and how best to overcome some of the challe
What i would add to that is sometimes its a oneway change. Sometimes they might introduce systems changes. So theres an accumulation of review policy. Its hard to quantify, but thats the kind of thing were looking for. But do you think that the 90 number, do you think thats an accurate reflection . I dont have that information. I have heard in my business with bank eres, its manifested itself in Additional Resources you have to higher. Particularly as it gets more complex. But, also, diverting their attention away from lending and interacting with their Customer Base, the impact on staff, though varies with the size of the institution and the activities theyre involved in. But it is real based on what we heard from bankers. Similar to what was said before, some of the changes that were looking at different thresholds, but, also the collaborative paper that we put up is the collaboration by sharing the Work Together that could help them manage their cause and require the experience that
Where are we going to come up with paying for another Compliance Officer even though we have no exceptions. I want to ask do i have a minute . Chairman . Will you consider doddfranks plop sigss . Given that the grippa process is looking at rules that are unnecessary, most of the rules have never been itch leapted yet or have taken the fact. Soo it is not we feel, appropriate to look at those rules at this time. Is it fru we wont have another study for 19 years . If we deent include dod frank . Its part of our normal practice. We looked at on an on going basis whether rules are appropriate in terms of still relevant. And we will make changes. Thank you very much for being here. Senator . Thank you, mr. Chairman. I think youre getting a theme here that this is not a partisan issue. This is not something that theres a lot of disagreement on this skmit tee about. Were deeply concerned about the status of communitybase in this country. I look at this in kind of duodifferent ways. First youv
Electronics from Wayne County Community colleges. Host what you make of the president s proposal . Caller i think it is excellent. I cannot understand people who are calling and saying that if i paid 10 years ago or five years ago, what do i get . And can i get my money back echo i am glad that what i paid what i paid when i paid. I came from a large family. And all working people, worked hard all her life. And i couldnt really afford college. All the timeouts going to Community College, i got some grants, but alice had to work while i was going. You still have to have food and transportation and a place to live. While you are going to Community College. From what i got out of that committee college and what people will get out of that Community College, if it is free i have paid a lot of taxes. I contributed a lot of taxes to this society because of that associates degree, and because of the help that i got from the Community College that people theyre coming you had smaller classroom
Revealing their new tradition. First the nightline 5. If your dog can dream it the purina pro plan can help him achieve it. Purina pro plan formulas deliver optimal nutrient absorption. Purina pro plan nutrition that performs. Number one in 60 seconds. Good evening. Thanks for joining us. We all love hollywoods version of the zombie apocalypse. What happens if a reallife zokby house, abandoned and detrying, is dragging down Property Values in your neighborhood . Gloria riviera reveals how everybody pays the price when Home Sweet Home turns sour. You see one, two, three bedroom home reporter imagine if you lived next door to this. This is probably one of the worst cases of mold ive seen. Its nauseating. Reporter for this. My god. Livestock. Two chickens. Where are you guys from . Ladies. Everything here has a code vital. From the air conditioner yeah. Please be careful, there are some stumps reporter mark says he ising that nightmare. He says hes a Good Neighbor trapped next to a hellho