ABA Statement on Midterm Election

“ABA, our member banks and their more than two million employees across the nation congratulate the new Republican majority in the House and the returning Democratic majority in the Senate. With the nation facing economic headwinds and other challenges, banks of all sizes remain committed to working with lawmakers from both parties who share our interest in banking policies that support the economy, provide banks with the regulatory clarity they need and promote financial inclusion. We particularly want to welcome the new members of Congress to Washington and we look forward to helping them understand the vital role America’s banks play in our economy. Divided government does not have to produce gridlock, and we stand ready to do our part to advance commonsense legislation that will allow banks to better serve their customers, clients and communities.”

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About the American Bankers Association

The American Bankers Association is the voice of the nation’s $24.2 trillion banking industry, which is composed of small, regional and large banks that together employ approximately 2.1 million people, safeguard $19.1 trillion in deposits and extend $12.6 trillion in loans.

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