Financial Services >> Analyst Interviews >> May 19, 2003

Community Banks: A Legislative & Regulatory Overview: Robert Davis – America’s Community Bankers

ROBERT R. DAVIS is Executive Vice President and Managing Director of Government Relations at America's Community Bankers, where he directs legislative and regulatory advocacy and oversees other association activities. During his tenure, ACB has been a leader in passage of several legislative milestones, including: the Gramm-Leach-Bliley Act; the Deposit Insurance Funds Act of 1996; and tax relief legislation in 1996. Prior to joining America's Community Bankers in 1993, he was Senior Vice President at the New York Mercantile Exchange. Before that, he was appointed by President Reagan to be a Commissioner of the Commodity Futures Trading Commission. During his six years at the CFTC, he established and chaired the Financial Products Advisory Committee, where he pioneered the update of regulations on hedging and risk management, initiated analysis and review of OTC derivatives and swaps and helped craft regulatory changes in response to the 1987 stock market crash. Prior to joining the CFTC, Mr. Davis held several positions as an economist and financial markets analyst, including Chief Economist for the Joint Economic Committee of the United States Congress. He also has served as Vice President and Economist at the Harris Bank in Chicago, and as Financial Economist at the Federal Deposit Insurance Corporation. He started his career as a college professor at Vanderbilt University and holds a PhD in economics from Virginia Tech. Profile
TWST: Would you begin with a quick overview of America's

Community Bankers?

Mr. Davis: America's Community Bankers is a national trade group

that represents approximately 1,200 banks