Senate Banking Committee Markup Not Yet Scheduled; House To Vote On Multiple Financial Services Bills
The National Law Review - April 13, 2015 - April 14, 2015
The National Law Review
This week, the Senate Banking Committee was expected to hold a markup regarding proposals to provide regulatory relief to small banks. However, the markup has not yet been scheduled, as Senate Banking Committee Chairman Richard Shelby (R-AL) has not agreed to limit the upcoming markup to bills aimed at providing regulatory relief for community and regional banks – despite concerns expressed by some Democrats about considering legislation that would amend or repeal portions of the Dodd-Frank Wall Street Reform and Consumer Protection Act. As we have previously highlighted, achieving regulatory relief for community and regional banks will not necessarily be an easy task.