The following can be attributed to Matt Well, spokesperson for the Regional Bank Coalition (RBC):

 “As regional bank lending to Main Streets across the country has been hampered from Dodd-Frank’s rigid regulations, we staunchly support Rep. Luetkemeyer’s bill that includes strong bipartisan support. The Systemic Risk Designation Improvement Act of 2017 is commonsense, straight forward regulatory reform that addresses improperly calibrated regulations by determining a bank’s risk level through a number of factors, not just by arbitrary asset threshold. The Regional Bank Coalition looks forward to advancing the legislation that would appropriately tailor regulations for regional banks and spur capital lending to small businesses, and therefore, Main Streets around the country.”