Senate Banking Committee Holds Hearing on Measuring the Systemic Importance of U.S. Bank Holding Companies (with Delta Strategy Group Summary)

The Senate Banking Committee held a hearing entitled "Measuring the Systemic Importance of U.S. Bank Holding Companies." The discussion centered on the regulatory framework and $50 billion threshold for the designation of a bank holding company as a systemically important financial institution ("SIFI"). The majority of witnesses advocated an increase in the $50 billion threshold, since they agreed that regulatory relief is warranted for smaller banks that do not pose a systemic risk.

Click here to view a summary by the Delta Strategy Group.