Tensions emerge between community-bank lobbyist groups

05/1/2013 | Politico Pro (subscription required)

The Independent Community Bankers of America and the American Bankers Association, both seeking to be the voice of community banks, are taking different positions on the "too-big-to-fail" debate. The ICBA backs legislation calling for the biggest banks to maintain higher capital levels, while the ABA, which represents large and small banks, is taking a more cautious approach on the issue. Other regulations, such as the qualified-mortgage rule, are more pressing than attacking the big banks, ABA officials say.

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