Browsing: Volcker Rule

Economy

The House today passed the Financial Choice Act by a mostly party line vote of 233 to 186 (one Republican, Rep. Walter Jones of North Carolina, voted against).

Community Banking

The House Financial Services Committee today voted to advance the Financial Choice Act, Chairman Jeb Hensarling’s (R-Texas) sweeping, 600-page bill aimed at reforming parts of the Dodd-Frank Act’s extensive supervisory regime and providing regulatory relief for banks.

Economy

As part of the banking industry’s continuing response to President Trump’s executive order outlining “core principles” for financial regulation, ABA yesterday called for a full repeal of the Dodd-Frank Act’s complex Volcker Rule.

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