Bankers Hit Washington as `Regulatory Tsunami' Recedes

Also, Rep. Davidson tells SEC to take `bold action' on accredited investor rule; LSTA offers new private credit data; Pulte wields the axe

What a difference a year makes.

Last spring when the American Bankers Association kicked off its Washington Summit, President Rob Nichols offered a stark warning about the “tidal wave of regulation that has crashed down.” Today, he proclaimed that the “tsunami…that flooded our industry is finally starting to recede.”

The shift, following Donald Trump’s el…