S. 2155 Could Reach House Floor This Week

May 14, 2018

The House is now expected to vote within the next two weeks on S. 2155, the bipartisan financial regulatory reform bill advanced by the Senate in March. As the legislative process nears completion, we're urging bankers to call their House members today and ask them to pass the bill. Call your representative now.

Also on Capitol Hill, the Senate Banking Committee will hold a confirmation hearing for Richard Clarida and Miki Bowman, who have been nominated to seats on the Federal Reserve Board. Clarida, an economist, has been named to the vice chairman role, while Bowman — a former community bank executive currently serving as Kansas' bank commissioner — will fill a seat designated for someone with community bank expertise.

The House Financial Services Committee will hold several subcommittee hearings this week, covering the FinCEN customer due diligence rule and SEC enforcement activities on Wednesday and community development block grants for disaster recovery, as well as U.S. homelessness, on Thursday.