(Washington, D.C., Monday, April, 13, 2015) - The latest round of federal government overreach threatens North Dakotaâ€™s farmers, along with community banks and their customers, all while leaving taxpayers on the hook for a two hundred sixty billion dollar government lending institution that has strayed from its intended purpose.
- Reforming the Farm Credit System: This $266 billion government enterprise was founded to help Americaâ€™s small farmers. Now it funds golf courses and Verizonâ€™s corporate acquisitions.
- Community Bank Regulation: â€śOne size fits allâ€ť federal banking regulations, like the recent Dodd-Frank legislation, harm community banks, making it harder for them to properly serve their customers.
- Agenda for Americaâ€™s Hometown Banks: The ABAâ€™s comprehensive game-plan for a secure, fair, and efficient banking system that empowers consumers and encourages innovation.
Frank Keating has served as President and CEO of the American Bankers Association, the voice of the nationâ€™s small, regional, and large banks, since 2011. Prior to his time at ABA, he worked in the presidential administrations of Ronald Reagan and George H.W. Bush, and spent two terms as the 25th governor of Oklahoma (1995-2003).