House Will Not Pass Current Senate Bill Easing Bank Rules: Hensarling
Reuters, Mar. 15, 2018–Pete Schroeder
The House of Representatives will not approve a bill easing bank rules passed by the Senate without additional provisions that would further relax regulations introduced after the 2007-2009 financial crisis, a leading lawmaker said on Thursday. The comments by Representative Jeb Hensarling, chairman of the House Financial Services Committee, inject new uncertainty into Congress’ first bipartisan attempt to rewrite the 2010 Dodd-Frank financial reform law.
