The following can be attributed to Matt Well, spokesperson of the Regional Bank Coalition.

“We applaud the House for advancing this bipartisan legislation that provides targeted relief to community, mid-sized and many regional banks. Passage of S. 2155 is an important milestone in spurring economic growth and is the first step in creating a regulatory environment that empowers consumers and businesses on Main Streets across the country to do so.

We look forward to working with Congress and the regulatory agencies on implementing the new law and on tailoring for regional banks over $250 billion, which will allow all regional banks to increase lending and job creation to drive economic growth on Main Street.”