Press Coverage April 19, 2023

Congress Targets Bank Regulation, Deposit Insurance Limits in Wake of Failures

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James W. Stevens

James Stevens, co-leader of Troutman Pepper’s Financial Services Industry Group, was quoted in the April 19, 2023 S&P Global Market Intelligence article, “Congress Targets Bank Regulation, Deposit Insurance Limits in Wake of Failures.”

“The rollback of the 2018 changes is the most likely thing, maybe without even congressional action,” said James Stevens, who co-leads the financial services industry practice at Troutman Pepper. “The regulators could just say they’re going to apply those rules to all banks with $100 billion or more in assets. I think there’s a very high chance that that happens.”

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