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Why Loosening Bank Regulations Matters


Your eyes may glaze over reading about possible changes to banking regulations, but it matters.

Less onerous regulations could be good for businesses seeking loans. If banks spend less on compliance, they have more capital to lend. But standards that are too lax could conceivably lead to another financial crisis in the long term.

Many are watching to see what happens with the Dodd-Frank Act, the 2010 comprehensive overhaul of the financial regulatory system. Perhaps more important are upcoming changes to the membership of the Federal Reserve Board of Governors. The board’s tone can impact how regulators interpret regulations.

David Ide, USAmeriBank

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