South Dakota Senator Mike Rounds, a member of the Senate Banking Committee, and Missouri Senator Roy Blunt introduced legislation to support and strengthen lending in local communities.
Rounds says many of those rules were set in place to regulate large, international banks…
Rounds says most banks in the state would see many regulations lifted…
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Rounds says ultimately it could mean lower costs and better services for consumers…
The Community Bank Access to Capital Act of 2015 would roll back financial regulations to make it easier for community banks to serve their customers.