Bankers worry Dodd-Frank rollback bill could be in peril

Bankers are getting anxious as lawmakers wrestle with a bill that would cut regulations.

For thousands of community banks and regional lenders, including State Street, BB&T and SunTrust, the bill would loosen rules imposed by Congress after the 2008 financial crisis. Banks argue that those rules have hurt their ability to lend money and stimulate the economy.

The bill, crafted by Republican Senator Mike Crapo of Idaho, passed the Senate last month with some Democratic support. But it could be in jeopardy in the House, where an influential Republican wants to make changes.

Source: CNNMoney

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