Community Bank Regulatory Tailoring Act

Community Bank Regulatory Tailoring Act This bill increases various statutory dollar amount thresholds applicable to financial regulations and requires periodic adjustments to such amounts in the future. By raising these thresholds, the bill expands the access of financial institutions to less stringent requirements. The adjustments apply to several asset thresholds used to regulate insured depository institutions, bank holding companies, credit unions, and other financial entities. Thresholds that are increased under this bill include those applicable to the Volcker Rule, which prohibits certain larger banking entities from engaging in proprietary trading or from having an interest in…