Rep. Mann Introduces Community Bank Relief Act
December 08, 2021
December 08, 2021
WASHINGTON, Dec. 8 -- Rep. Tracey Mann, R-Kansas, issued the following news release:
U.S. Representative Tracey Mann (R-KS) introduced H.R. 6145, the Community Bank Relief Act in the U.S. House of Representatives. The bill would extend regulatory flexibility for community banks throughout the country by directing regulators to maintain an 8.5% Community Bank Leverage Ratio (CBLR) through 2024.
The CBLR was created by Congress in 2018 with bipartisan support to simplify . . .
U.S. Representative Tracey Mann (R-KS) introduced H.R. 6145, the Community Bank Relief Act in the U.S. House of Representatives. The bill would extend regulatory flexibility for community banks throughout the country by directing regulators to maintain an 8.5% Community Bank Leverage Ratio (CBLR) through 2024.
The CBLR was created by Congress in 2018 with bipartisan support to simplify . . .