ROLLING BACK DODD-FRANK
Last night the Senate passed the bipartisan Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155) sponsored by Senate Banking Committee Chairman Mike Crapo by a vote of 67-31. The path to the measure becoming law is uncertain as negotiations continue with House Financial Services Chairman Jeb Hensarling and his Republican colleagues who want to put their imprint on Dodd-Frank reforms and have been crafting targeted standalone bills with an eye on compromise legislation. S. 2155 rewrites parts of the 2010 Dodd-Frank Act and adjusts the size at which banks are subject to regulatory scrutiny and exempts small banks from certain requirements for loans, mortgages, and trading.
Drew Cantor of Peck Madigan Jones will discuss the Senate deregulation bill and where he sees convergence with efforts in the House given last Friday's ultimatum by Hensarling demanding his list of proposals be included in any legislation sent to the president's desk.
We welcome you to join our Macro Policy Analyst JT Taylor and Financials Analysts Josh Steiner and Jonathan Casteleyn for a timely discussion with Drew who will share his insight on the prospects for a compromise with the House as well as the timeline for a final measure to reach the president's desk.
Join us shortly at 1:30 pm.
Participating Dialing Instructions
Confirmation Number: 13677646