We have reviewed the new GSE-position paper from the Independent Community Bankers of America (ICBA), the small-bank trade association that packs a far bigger punch on Capitol Hill than the behemoths of the banking, asset-management, and hedge-fund world. This is particularly true for Senate Banking Chairman Crapo, whose Idaho constituency is of course far more ICBA-focused than Wall Street. With Crapo prioritizing GSE reform, the ICBA’s demands warrant watching.
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