Says FDIC's Special Assessment Will Have Heavy Financial Impact on Community Banks 

Community banks play an essential role in the economy of our area. I have heard from a number of bankers about the heavy financial impact that the FDIC’s special assessment will have on them and on their ability to make loans to small businesses and consumers. I have sent a letter along with other Republicans in the Texas delegation to Federal Deposit Insurance Corporation Chairman Bair asking her to consider other alternatives to restore the balance of the insurance fund that will not be as harmful to our community banks. Click here to read the letter that was sent to Chairman Bair.