Reading Time: 3 minutesThe Congressional Review Act was enacted in 1996 to provide Congress with an avenue for overturning certain federal regulatory actions.

Reading Time: 2 minutesMore than 7,000 pages of new regulations have been thrust upon us over the past year enforce a one-size-fits-all approach to banking.

Reading Time: 2 minutesWhile the banking industry has been battered about by the “regulatory tsunami” in recent months, bankers can now breathe a small sigh of relief.

Reading Time: 3 minutesThe Fed is proposing to slash the interchange rate cap from 21 cents to around 14.4 cents, which recent research estimates could reduce interchange revenue for banks by $3 billion annually.

Reading Time: 3 minutesThese policies place a tremendous cost and compliance burden on banks of all sizes at a time when they already face a tough operating environment.

Reading Time: 3 minutesThe failures of Silicon Valley Bank, Signature Bank and First Republic Bank have prompted regulators to begin clamoring for major capital increases at larger banks. My question to Vice Chairman Barr was: Why?