Senate Advances Bill Rolling Back Banking Rules

Law360, Washington (March 12, 2018, 7:24 PM EDT) -- The Senate continued toward a partial rollback of Dodd-Frank Act financial regulations Monday, as backers said they have moved closer to removing some of the most burdensome regulations for small and regional banks.

Monday’s 66-30 vote advanced an amendment to the Economic Growth, Regulatory Relief and Consumer Protection Act, bringing the bill closer to a final vote later this week. The substitute amendment offered by Sen. Mike Crapo, R-Idaho, made significant changes to the bill, including changing how the law would treat the American branches of...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.