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CECL Spells Trouble for Small Banks, Consumers

:CECL Spells Trouble for Small Banks, Consumers

American Banker, Mar. 11, 2019--Blaine Luetkemeyer
The author, a Democrat from Missouri on the House Financial Services Committee, says the Current Expected Credit Loss standard proposed by the Financial Accounting Standards Board threatens to eliminate some lending services and restrict access to credit, particularly for low-income families.

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