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America's Banks: Foundation of Free Enterprise - Bank Policy Institute
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<section class="breadcrumbs"> <div class="breadcrumbs-holder"> <a href="/" title="Bank Policy Institute Homepage" class="breadcrumb-item"> Home </a><span class="separator">/</span> <a href="https://bpi.com/americas-large-banks-foundation-of-free-enterprise/" title="America’s Banks: Foundation of Free Enterprise" class="breadcrumb-item">America’s Banks: Foundation of Free Enterprise</a> </div> </section> <section class="container-1000 wysiwyg"> <h2 class="wp-block-heading">Banks Support the Economy, Consumers and the Financial System</h2> <div style="height:20px" aria-hidden="true" class="wp-block-spacer"></div> <div class="wp-block-columns is-layout-flex wp-container-core-columns-is-layout-1 wp-block-columns-is-layout-flex"> <div class="wp-block-column is-layout-flow wp-block-column-is-layout-flow" style="flex-basis:50%"> <p>Banks support the economy, consumers and the financial system every day to help meet American national security goals, promote innovation and preserve U.S. competitiveness. The following document highlights the benefit of large banks to the economy and identifies several problems with the current regulatory framework that could jeopardize the ability of banks to best serve these goals.</p> </div> <div class="wp-block-column is-layout-flow wp-block-column-is-layout-flow"><div class="wp-block-image"> <figure class="aligncenter size-large is-resized"><img loading="lazy" decoding="async" src="https://bpi.com/wp-content/uploads/2022/09/Liquid-Markets-1600-×-1600-px-1024x982.jpg" alt="" class="wp-image-36746" width="346" height="332" srcset="https://bpi.com/wp-content/uploads/2022/09/Liquid-Markets-1600-×-1600-px-1024x982.jpg 1024w, https://bpi.com/wp-content/uploads/2022/09/Liquid-Markets-1600-×-1600-px-300x288.jpg 300w, https://bpi.com/wp-content/uploads/2022/09/Liquid-Markets-1600-×-1600-px-768x736.jpg 768w, https://bpi.com/wp-content/uploads/2022/09/Liquid-Markets-1600-×-1600-px-1536x1472.jpg 1536w, https://bpi.com/wp-content/uploads/2022/09/Liquid-Markets-1600-×-1600-px-600x575.jpg 600w, https://bpi.com/wp-content/uploads/2022/09/Liquid-Markets-1600-×-1600-px.jpg 1592w" sizes="auto, (max-width: 346px) 100vw, 346px" /></figure></div></div> </div> <div class="wp-block-file aligncenter"><a id="wp-block-file--media-0929d46d-5c85-44c9-9a97-108a99467fb9" href="https://bpi.com/wp-content/uploads/2022/09/Americas-Large-Banks-Foundation-of-Free-Enterprise.pdf">Americas Large Banks – Foundation of Free Enterprise</a><a href="https://bpi.com/wp-content/uploads/2022/09/Americas-Large-Banks-Foundation-of-Free-Enterprise.pdf" class="wp-block-file__button wp-element-button" download aria-describedby="wp-block-file--media-0929d46d-5c85-44c9-9a97-108a99467fb9">Download</a></div> <div style="height:10px" aria-hidden="true" class="wp-block-spacer"></div> <div class="wp-block-group has-background" style="background-color:#edeef3"><div class="wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow"> <h3 class="wp-block-heading">Key Messages:</h3> <ul class="wp-block-list"> <li>Banks support business growth and keep the American economy competitive.</li> <li>Strong American banks help consumers reach their goals and obtain access to resources to build a better future.</li> <li>America’s banks are guardians of the financial system, help preserve national security and keep the economy in motion.</li> </ul> </div></div> <div style="height:10px" aria-hidden="true" class="wp-block-spacer"></div> <div class="wp-block-group has-background" style="background-color:#edeef3"><div class="wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow"> <h3 class="wp-block-heading"><strong>What are the problems with the current regulatory framework and how can they be fixed?</strong></h3> <ul class="wp-block-list"> <li>Banks are safer than ever before, yet capital costs continue to increase, making credit to businesses and consumers more expensive.</li> <li>Ill-conceived regulations are disintermediating banks and forcing businesses to rely on unregulated and less safe alternatives.</li> </ul> </div></div> <div style="height:20px" aria-hidden="true" class="wp-block-spacer"></div> <div style="height:20px" aria-hidden="true" class="wp-block-spacer"></div> <div data-wp-interactive="core/file" class="wp-block-file aligncenter"><object data-wp-bind--hidden="!state.hasPdfPreview" hidden class="wp-block-file__embed" data="https://bpi.com/wp-content/uploads/2022/09/Americas-Large-Banks-Foundation-of-Free-Enterprise.pdf" type="application/pdf" style="width:100%;height:600px" aria-label="Embed of Americas Large Banks - Foundation of Free Enterprise."></object><a id="wp-block-file--media-2972d154-45ec-4f36-9615-8028275fca52" href="https://bpi.com/wp-content/uploads/2022/09/Americas-Large-Banks-Foundation-of-Free-Enterprise.pdf">Americas Large Banks – Foundation of Free Enterprise</a><a 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