We are at a severe competitive disadvantage, said Jack Hopkins, CEO of CorTrust Bank, a community bank based in Sioux Falls, South Dakota. We are having to allocate resources to the compliance exams,… [+5715 chars]
Trump's dismantling of consumer bureau creates headache for small banks - Politico
The president wants to eliminate the agency. Community lenders worry that will make them less competitive.
By:Aiden Reiter
Source:Politico
Published:
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