Fed's Tarullo open to easing regulatory burden on small banks

- Federal Reserve Governor Daniel Tarullo said Thursday he was open to easing the burden of new Dodd-Frank regulations on community banks. Since Dodd-Frank was passed in 2010, smaller banks have complained that they are being caught in too much red tape. In a speech to the Independent Community Bankers of America, Tarullo said regulators "should explore whether we can achieve the safety and soundness purposes of capital regulation in a simplified way." Tarullo is the Fed's point person on bank regulation

Another words, we need to open the tap!... The bigger question is will they come for it.