Regulatory Relief In Sight As House Eyes More Reforms

    View Author May 2018

    On May 22, 2018, the US House of Representatives passed S. 2155, Economic Growth, Regulatory Relief, and Consumer Protection Act.

    The bill, which the Senate passed on March 14, 2018, provides regulatory relief to regional and small banks from various requirements stemming from the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). This alert summarizes the key provisions of S. 2155 – which the President signed into law on May 24 – and analyzes how the debate over regulatory reform is expected to play out over the remainder of the 115th Congress.