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CBAI Applauds Legislation to Break Up TBTF Banks

June 1, 2015

CBAI expressed thanks in a recent letter to Senator Bernie Sanders (I-VT) for introducing legislation which requires breaking up the nation’s mega banks (S. 1206 – The Too Big to Fail, Too Big to Exist Act). Too-big-to-fail remains one of CBAI’s top Federal Policy Priorities. In a complete statement on this important issue, CBAI concludes that these banks have repeatedly proven, at an incredible cost to community banks and their communities, our financial system, the economy, and American taxpayers, that they are clearly too-big-to-behave and must be downsized. Read CBAI Letter.