1. United States
2. Neb.
3. Letter

Vote no on the bill extending enhanced prudential standards to large standalone banks. This legislation threatens customer privacy by forcing more banks into the same invasive surveillance and data collection regime that already burdens bank holding companies. Enhanced supervision means more stress testing, more reporting requirements, and more federal regulators demanding access to customer financial data. Every additional layer of regulatory oversight creates more opportunities for our private banking information to be collected, stored, and potentially exposed. The bill offers no new privacy protections while dramatically expanding the scope of federal banking surveillance. Large standalone banks have operated safely without these requirements. Forcing them into this framework won't make the financial system more stable. It will just give federal agencies more power to monitor how Americans manage their money. Regional banks that value customer relationships and privacy will face the same intrusive oversight designed for Wall Street giants. Reject this expansion of federal banking surveillance. Our financial privacy matters more than regulatory empire building.