Sheila Blair and Elizabeth Warren don’t want to scare community bankers.  From the story:

White House adviser Elizabeth Warren and Federal Deposit Insurance Corp. Chairman Sheila Bair on Tuesday sought to ease bankers’ anxiety about the sweeping Dodd-Frank financial overhaul and the new consumer watchdog agency it created.

Warren and Bair delivered separate speeches in San Diego, where thousands of community bankers and industry leaders have gathered for an Independent Community Bankers of America national convention.

Both officials argued that the new financial regulatory landscape will benefit the nation’s smaller banks.