Around this time last year, the Maryland Chamber of Commerce’s government affairs team ascended to Capitol Hill to meet with our Congressional Delegation concerning the Dodd-Frank Wall Street Reform and Consumer Protection Act and a potential reform to the 2010 legislation.
As we all know, Dodd-Frank created tens of thousands of pages of new regulations that have been difficult for brands, particularly community banks, to navigate. We went through these one-by-one and held stakeholder meetings to determine targeted recommendations for amending Dodd-Frank and creating meaningful reform in the banking sector.