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Senate Banking Committee Markup Not Yet Scheduled; House To Vote On Multiple Financial Services Bills

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.

Read the full article: Senate Banking Committee Markup Not Yet Scheduled; House To Vote On Multiple Financial Services Bills