Tag Archives: small BHCs

Hensarling’s Choice Act Includes Key ABA Priorities

House Financial Services Committee Chairman Jeb Hensarling (R-Texas) today released the latest legislative text of his Financial Choice Act, a 600-page bill aimed at rolling back and reforming parts of the Dodd-Frank Act’s extensive supervisory regime, as well as providing regulatory relief for banks of all sizes.

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ABA-Backed Data Security Bill Advances by Strong Margin

The House Financial Services Committee today voted by a strong 46-9 margin to advance the bipartisan Data Security Act (H.R. 2205), which would establish a national data security and breach notification standard for financial institutions and retailers.

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