Dodd-Frank repeal to have minimal impact on Hawaii banks


While the proposed roll back of Dodd-Frank would ease regulations for thousands of banks with less than $250 billion in total assets, the impact could be minimal for Hawaii’s financial institutions, which fall below Dodd-Frank’s oversight threshold.

On Tuesday, Congress voted in favor of easing regulatory restrictions for banks, rules put in place in 2010 by the Obama administration in the wake of the 2008 financial crisis.

“For banks the size of Central Pacific, the changes are rather…

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