House Leadership Expects S. 2155 to Pass in May

House Majority Leader Kevin McCarthy (R-Calif.) said today that he expects the House to pass S. 2155, the bipartisan financial regulatory reform bill, sometime in May. “I think you are within a month of getting it . . . done,” McCarthy said at the Milken Institute’s Global Conference in California, according to news reports. “At the end of the day there will be a bill at the president’s desk.”

House Speaker Paul Ryan (R-Wis.) also expressed a similar view today, saying at a Weekly Standard event in Milwaukee that “we’re a few weeks away” from passing financial regulatory reform into law. The Senate passed the bill with a broad bipartisan majority in March. The Senate passed the bill with a broad bipartisan majority in March.

(This article has been updated.)