Rep. Mooney Introduces The Small Bank Holding Company Relief Act
June 29, 2023
June 29, 2023
WASHINGTON, June 29 -- Rep. Alex Mooney, R-West Virginia, issued the following news release on June 28, 2023:
Today, Rep. Alex X. Mooney introduced H.R. 4346, the Small Bank Holding Company Relief Act, to make it easier for smaller community banks to raise capital. This legislation provides sensible regulatory relief to rural financial institutions, while also preserving safety and soundness measures. On average, the United States loses more than one community bank every day because . . .
Today, Rep. Alex X. Mooney introduced H.R. 4346, the Small Bank Holding Company Relief Act, to make it easier for smaller community banks to raise capital. This legislation provides sensible regulatory relief to rural financial institutions, while also preserving safety and soundness measures. On average, the United States loses more than one community bank every day because . . .