Regulators Nearing Finish Line On Banking Relief Bill
Law360 (May 16, 2019, 7:06 PM EDT) -- Federal banking regulators told House lawmakers Thursday that they’re expecting to finish writing rules implementing last year’s banking regulatory relief bill by the end of 2019, should soon have more updates on Volcker rule reform and could move to address the Second Circuit’s controversial Madden decision.
Making their second congressional appearance in as many days, top banking officials went before the House Financial Services Committee to discuss their work overseeing the nation’s financial system and answer questions from lawmakers. Below are several highlights from the hearing on ongoing initiatives inside the banking agencies.
Implementing S. 2155
Regulators from the Federal Reserve,...
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