Standing Up for Community Banks: Key Takeaways from IBAT's Congressional Visit

Last week, Ted Gibson, Regional Director, represented SRA Watchtower as he joined 140 Texas community bankers in Washington, D.C., for IBAT’s Annual Congressional Visit. The delegation met with 30 members of the Texas Congressional delegation, Federal Reserve Governor Michelle “Miki” Bowman, and other key policymakers to address pressing issues facing community banks.

A central theme of the discussions was the growing burden of regulatory overreach and its impact on local economies.

IBAT members called for support on streamlined regulation and lower taxation for community banks through things like Repeal of Sections 1071 and 1033 of the Dodd-Frank Act.

SRA Watchtower remains committed to equipping financial institutions with the tools and insights needed to navigate today’s complex regulatory environment. We look forward to continuing these critical discussions at the ICBA Capital Summit in May.