Wednesday, June 23, 2021

Roger Beverage

Executive News: Optimistic? Yes, but …

As I visit with bankers across Oklahoma and some of their customers there’s a sense of “giddiness” about what lies ahead. Particularly among smaller banks, they see a very faint light at the end of the very dark tunnel they’ve been in for the past eight years. The “giddiness” I’m seeing is directly attributable to the results of the 2016 …

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Trump signs executive orders concerning banking industry

President Donald Trump signed executive orders this morning that deal directly with the banking industry’s most difficult obstacle for success. The executive order mandates a comprehensive review of all regulations stemming from the Wall Street Reform and Consumer Protection Act – commonly referred to as “Dodd-Frank.” The order directs the Department of Labor to stop implementing the so-called fiduciary rule. …

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Executive News: Peace through strength

  President Ronald Reagan had a very simple philosophy about how he would approach the Cold War and the Soviet Union threat when he was elected in 1980. He was confident his approach would secure peace for the United States and for the rest of the world. He called it “peace through strength” – build up the nation’s military to …

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Executive News: Away we go!

The 115th Congress is off and running.  That may be both the “good” and the “bad” news for bankers, and only time will tell – hopefully sooner rather than later. Unfortunately the level of partisan rancor is, if anything, even more pronounced today than it was before the election. Senate Democrats have vowed to oppose just about everything Republicans are …

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