Issue Position: Banking Reform

Issue Position

By:  Buddy Roemer III
Date: Jan. 1, 2011
Location: Unknown

As a small business banker, Buddy Roemer is proud to have chosen smart investments that kept his bank on solid footing while others were taking bailouts from the government to remain solvent. Banking is too important to be left to the bankers, but Buddy recognizes that regulation of the industry must be a fine balance between too much and too little.

* Banking reform must be reworked to include having capital ratios rise with bank size, and "too big to fail" must be eliminated as a regulatory policy
* Restoration of a version of Glass-Steagall is essential, separating commercial banking from investment banking.