To help expand access to banking services and promote financial inclusion, Rep. Andy Barr (R-Ky.) last week introduced H.R. 758, which would establish a three-year phase-in period for new banks to comply with federal capital standards and provide relief for de novos in rural communities.
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Rep. Barr reintroduces ABA-backed bill to encourage de novo bank formation
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February 05, 2023
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