Bankers say they are happy to see Congress moving on regulatory relief, but they have concerns about Republican plans to demand higher capital and eliminate the new regime for the government to wind down failing banks, according to an American Bankers Association review of the House GOP financial reform bill.

The association, which represents large and small banks, assessed the bill introduced in June by Republicans on the House Financial Services Committee to provide an alternative to the 2010 Dodd-Frank financial reform law in a 21-page staff analysis released Monday.