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Calls to cease non-coronavirus rulemaking grow louder

Mar 31, 2020 - American Banker

WASHINGTON - Community bankers are calling for a six-month halt in rulemaking except for regulations dealing with the coronavirus outbreak.

In a March 30 letter, Independent Community Bankers of America CEO Rebeca Romero Rainey urged the heads of several financial regulators to suspend non-COVID-19-related rules to allow banks to focus on the fallout from the pandemic.

"Combating the COVID-19 crisis demands the full attention and all available resources from the public, from state, l...