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SENATOR VANCE INTRODUCES LEGISLATION TO LEVEL THE PLAYING FIELD FOR COMMUNITY AND REGIONAL BANKS
July 21, 2023
WASHINGTON, July 21 -- Sen. J.D. Vance, R-Ohio, issued the following news release on July 20, 2023:

Senator JD Vance (R-OH) has introduced the Payroll Account Guarantee Act, which would empower community and small regional banks to better compete for depositors with large "too big to fail" financial institutions, which have long received special treatment from federal regulators.

"Regional and community banks all over Ohio are suffering from the unfair ad . . .

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