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May 13, 2016

Community Banks vs. TBTF Banks

“Better Markets’ Dennis Kelleher responding to Thursday’s item complaining about Fine’s criticism of Jamie Dimon.”

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“The anonymous ‘former senior Hill staffer’ attack on ICBA Pres Cam Fine is baseless. Community banks would benefit from targeted reg relief and ending the unfair competition from Wall Street’s TBTF banks.” 

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“He merely called out those TBTF banks for relentlessly using community banks as a Trojan Horse behind which they hide dangerous deregulation provisions for themselves, which also enable them to compete unfairly.” 

Read the full Politico article by Ben White here.

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