Bank CEOs Ask Lawmakers to Ease Capital Rules, Allow Higher Fees

Chief executives at the biggest U.S. regional banks are asking U.S. lawmakers to consider easing capital requirements and repeal part of the Dodd-Frank financial overhaul that caps fees banks charge retailers on debit-card transactions. Regional banks don’t pose risks to the financial system that have caused concern among policymakers, executives of 18 banks said in a Feb. 13 letter to the top Republican and Democratic lawmakers in Congress.