ICBA President and CEO Rebeca Romero Rainey told community bankers gathered in Washington that community banks are the reason that the U.S. has more small businesses than anywhere else in the world.
Work to Do: Speaking at the ICBA Capital Summit, she said much work remains to be done to address the excessive regulatory burdens imposed on the industry. "Over 5,000 pages of regulation were put out in the last few years,” she said, “There's a lot of work to do to pull that back."
ICBA Reform Plan: Romero Rainey said ICBA’s “Repair, Reform, and Thrive” plan for the Trump administration and 119th Congress is a blueprint for ensuring that community bank priorities are on the table and are moving forward in Washington.
Get the Latest: With the ICBA Capital Summit continuing today, community bankers can follow the latest developments on social media at #ICBASummit.