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The Financial Institutions Examination Fairness and Reform Act – Redux
This new bill (H.R. 1553) introduced on April 15th is actually a word-for-word duplicate of H.R. 3461 which I wrote about here. The previous bill died in committee, but H.R. 1553 has a few more sponsors. Now, I know what you are thinking…that there is no such thing as “good” regulation. But bear with…
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5 “random” facts
Fact 1 – According to the U.S. Bureau of Labor Statistics, the increasing complexity of financial regulations will spur employment growth of financial examiners. In fact it is expected to experience the third largest growth of all career paths through 2018: Fact 2 – According to Rep. Shelly Moore Capito (R-W.Va.), author of H.R. 3461,…
