Bob Latta|
LATTA OPPOSES PROPOSED FDIC RULE FOR PREPAID ASSESSMENTS
Posted by
Staff
on
October 27, 2009
Today, Congressman Latta sent a letter to the Federal Deposit Insurance Company (FDIC) to enter comments against the proposed rule to require banks prepay their assessments from the FDIC.
“During this time of economic uncertainty, I have grave reservations that this prepaid assessment is going to further curb the liquidity for the banks in the 5th District of Ohio which will further impede the lending for the small businesses that need it most,” Latta stated in his letter. A copy of Congressman Latta’s letter can be found here. On October 22, Congressman Latta sent a letter to House Committee on Financial Services Chairman Barney Frank (D-MA) and House Committee on Small Business Chairwoman Nydia Velázquez (D-NY) requesting a joint committee hearing on the state of lending to small businesses in the United States. A copy of that letter can be found here.
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