banking

Barr.House.Com

Congressman Andy Barr was in Frankfort on Tuesday, touting his efforts in passing a bill that rolled back parts of the Dodd-Frank consumer protection act.

Dodd-Frank set up banking oversight in the wake of the 2008 financial disaster. 

Barr is a Republican who represents Kentucky’s 6th Congressional district. He says the measure made it harder for people in rural areas to get access to credit. 

“By reducing the number of community financial institutions, Dodd Frank regulations clogged the plumbing of our economy. Especially in rural and underserved communities,” 

  Today, Tom Martin talks with Steve Kelly, executive vice-president of marketing and sales at Lexington-based Central Bank. The subject: credit card fraud and the shift to a new generation of high-tech debit and credit cards known as “chip cards.”