NACA Urges No Vote on Bill That Would Remove Post-Financial Crisis Protections

Publish Date: 
May 22, 2018

NACA sent a letter to the U.S. House urging opposition to S. 2155, the “Economic Growth, Regulatory Relief, and Consumer Protection Act.” This bill is being pushed under the guise of protecting community banks, but in reality it would weaken protections for homeowners and expand the scope of risky activity for big banks and lenders to engage in at the expense of American consumers and the economy.