To spur job creation, cut the fat in Washington

A few years ago, the federal government issued a regulation requiring banks to change their disclosure statements so that solid vertical lines separated columns on the sheet.
Some small community banks were not able to easily create these vertical lines in their new electronic forms as required, so to improvise they used lines made of asterisks instead.
Regulators charged the banks for being in violation of the regulation.

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The Anderson News | circulation@theandersonnews.com | 502-839-6906
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