March 07, 2018

Senator Crapo Discusses Regulatory Relief Bill on Fox Business

“Dodd-Frank was meant for Wall Street, but it hurts the people on Main Street”

WASHINGTON – Idaho Senator Mike Crapo, Chairman of the Senate Banking, Housing, and Urban Affairs Committee spoke with Charles Payne on Fox Business’s Making Money about Dodd-Frank’s impact on Idaho’s Main Street financial institutions, and how his legislation can alleviate some of the regulatory burden so that they can better serve their communities. 

030718-Crapo on Fox Business

Click here to watch or click the image above.

 “There haven’t been any startup community banks all year. We’re losing community banks at a rapid rate, and it’s primarily because of the regulatory burden that are forcing them to be less competitive. . . It’s really our small businesses and individuals who are the real victims of this terrible problem.”

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