Banking group head: ‘Sometimes, it’s better if Congress does nothing’

By Joseph Lawler

Published April 24, 2018 4:01am ET

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Banking group head: ‘Sometimes, it’s better if Congress does nothing’ — Consumer bankers are not against regulation, Richard Hunt insists. He makes the point just seconds into an interview at the Consumer Bankers Association offices off Franklin Square in downtown Washington, even before he’s being recorded. As the head of the group, he tries to emphasize that banks want some of the Obama administration’s excess regulation […]

Consumer bankers are not against regulation, Richard Hunt insists.

He makes the point just seconds into an interview at the Consumer Bankers Association offices off Franklin Square in downtown Washington, even before he’s being recorded. As the head of the group, he tries to emphasize that banks want some of the Obama administration’s excess regulation reeled in, not complete elimination of rules that some Republicans want.

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CFPB Congress Dodd-Frank Act Finance Regulations