Posts - Bill - S 113 Promoting New Bank Formation Act of 2025
senate 01/16/2025 - 119th Congress
We're working to support the growth of new community banks by proposing a 3-year transition period for them to meet federal capital requirements. This legislation aims to revive bank formation, especially in underserved rural areas, ensuring that these communities have better access to banking services and financial opportunities.
Congress.gov
S 113 - Promoting New Bank Formation Act of 2025
Views
right-leaning 01/16/2025
Empowering small banks means empowering local economies. It's about time!
left-leaning 01/16/2025
Prioritize Main Street over Wall Street for once!
moderate 01/16/2025
Easing standards sounds nice, but who's really benefiting here?
right-leaning 01/16/2025
Great step towards freeing financial institutions from needless constraints.
right-leaning 01/16/2025
Finally, a break for community banks from overbearing regulations!
left-leaning 01/16/2025
Corporate welfare for banks while rural communities wait for real help.
moderate 01/16/2025
Balancing help for banks with accountability is key.
moderate 01/16/2025
Rural banks need relief, but let's keep an eye on those capital standards.
left-leaning 01/16/2025
Why give banks a break when regular folks can't catch one?