Banks with more than $50 billion in assets are now considered “too big to fail” and are subject to the toughest regulations, including a yearly stress test to prove they could survive another period of economic turmoil. The Senate legislation, shepherded by Banking Committee Chairman Mike Crapo (R-Idaho), would raise that threshold to $250 billion in assets, potentially allowing several high-profile financial institutions, including American Express, Ally Financial and Barclays, to escape the extra regulatory scrutiny.
The bill has largely been marketed as long-overdue help for small community banks and credit unions. The legislation, for example, would exempt banks with less than $10 billion in assets from the “Volcker rule,” which bars banks from making risky wagers with their own money. The bill would also exempt many small banks from a Dodd-Frank requirement that financial institutions report more detailed data on whom they lend to. The industry has complained that both measures are too cumbersome and time-consuming.
Exempting small banks from the mortgage data requirement would weaken the government’s ability to enforce fair-lending requirements, making it easier for community banks to hide discrimination against minority mortgage applicants and harder for regulators to root out predatory lenders, consumer advocates say.
thephan wrote:pacino's posting is one of the more important things revealed in weeks.
Calvinball wrote:Pacino was right.
Mar 15, 2018 06:11:39 AM - Larry Kudlow will be my Chief Economic Advisor as Director of the National Economic Council. Our Country will have many years of Great Economic & Financial Success, with low taxes, unparalleled innovation, fair trade and an ever expanding labor force leading the way! #MAGA
Kudlow firmly denied that the United States would enter a recession in 2007, or that it was in the midst of a recession in early to mid-2008. In December 2007, he wrote: "The recession debate is over. It's not gonna happen. Time to move on. At a bare minimum, we are looking at Goldilocks 2.0. (And that's a minimum). The Bush boom is alive and well. It's finishing up its sixth splendid year with many more years to come"
thephan wrote:pacino's posting is one of the more important things revealed in weeks.
Calvinball wrote:Pacino was right.
pacino wrote:I don't trust anyone with a degree in history
thephan wrote:pacino's posting is one of the more important things revealed in weeks.
Calvinball wrote:Pacino was right.
the American Veterinary Medical Association deemed the process inappropriate for euthanizing mammals and said it would take more than seven minutes to bring about the death of a 70-pound (32-kg) pig.
FTN wrote: im a dick towards everyone, you're not special.
The Crimson Cyclone wrote:Oklahoma is switching to Nitrogen gas for execution
so basically using suffocationthe American Veterinary Medical Association deemed the process inappropriate for euthanizing mammals and said it would take more than seven minutes to bring about the death of a 70-pound (32-kg) pig.
thephan wrote:The Crimson Cyclone wrote:Oklahoma is switching to Nitrogen gas for execution
so basically using suffocationthe American Veterinary Medical Association deemed the process inappropriate for euthanizing mammals and said it would take more than seven minutes to bring about the death of a 70-pound (32-kg) pig.
Selling it as going out on Whipits?
FTN wrote: im a dick towards everyone, you're not special.
FTN wrote: im a dick towards everyone, you're not special.
Like Cohen, Martin claimed that when she signed the documents she was working in a private capacity, not for the Trump Organization — though she is still employed at the company full-time, and used the address of her office at the Trump National Golf Club, Los Angeles, on the documents.
The Crimson Cyclone wrote:thephan wrote:The Crimson Cyclone wrote:Oklahoma is switching to Nitrogen gas for execution
so basically using suffocationthe American Veterinary Medical Association deemed the process inappropriate for euthanizing mammals and said it would take more than seven minutes to bring about the death of a 70-pound (32-kg) pig.
Selling it as going out on Whipits?
I'm no scientist but that's Nitrous Oxide
The Crimson Cyclone wrote:Oklahoma is switching to Nitrogen gas for execution
so basically using suffocationthe American Veterinary Medical Association deemed the process inappropriate for euthanizing mammals and said it would take more than seven minutes to bring about the death of a 70-pound (32-kg) pig.
thephan wrote:pacino's posting is one of the more important things revealed in weeks.
Calvinball wrote:Pacino was right.
pacino wrote:my degree is in history
pacino wrote:my degree is in history
Donald J. Trump
@realDonaldTrump
We do have a Trade Deficit with Canada, as we do with almost all countries (some of them massive). P.M. Justin Trudeau of Canada, a very good guy, doesn’t like saying that Canada has a Surplus vs. the U.S.(negotiating), but they do...they almost all do...and that’s how I know!