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.
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House Financial Services Committee Chairman Jeb Hensarling (R-Texas) today signaled that he may drop efforts to amend S. 2155, the bipartisan regulatory reform bill passed by the Senate last month.
Congress will pass a bank regulatory reform bill this year, Rep. Patrick McHenry (R-N.C.) said today at ABA’s Government Relations Summit.
As bankers prepared to head to Capitol Hill for meetings with lawmakers this morning, Sen. Mark Warner (D-Va.), one of the Democratic co-sponsors of S. 2155, charged them to urge the House to pass the regulatory reform measure immediately in its original form, warning that “this bill will not pass if it comes back to the Senate.”
In Q&A during ABA’s Emerging Leaders Forum today, Rep. Josh Gottheimer (D-N.J.) expressed his support for S. 2155 — the bipartisan Senate regulatory reform bill currently awaiting action in the House — calling it “a very sensible piece of legislation.”
ABA and state bankers associations across the country today sent letters to congressional leaders urging the House to pass S. 2155 — the Senate-passed regulatory reform bill — “as soon as possible.”
Following last night’s strong bipartisan vote to pass S. 2155, the ABA-advocated regulatory reform bill, eyes turned to the House of Representatives.
On the latest episode of the ABA Banking Journal Podcast, three top ABA leaders break down the Senate passage of S. 2155, the bipartisan regulatory reform bill passed last night, and explore both what’s in the bill and the path ahead for the legislation.
In a bipartisan 67-31 vote, the Senate tonight passed S. 2155, the bipartisan regulatory reform bill crafted by Senate Banking Committee Chairman Mike Crapo (R-Idaho) and Sens. Jon Tester (D-Mont.), Heidi Heitkamp (D-N.D.), Mark Warner (D-Va.) and Joe Donnelly (D-Ind.).
With a vote expected this week on S. 2155 — the bipartisan financial regulatory reform package championed by Senate Banking Committee Chairman Mike Crapo (R-Idaho) and four Democrats on the Senate Banking Committee — ABA has developed two new resources to help bankers understand and speak for the legislation.