The House Financial Services Committee after approving an ABA-supported bill H.R. 4014, protecting confidential bank examination information provided to the CFPB, approved by voice vote H.R. 1838.
H.R. 1838 - introduced by Rep. Nan Hayworth (R-N.Y.) – would eliminate the Dodd-Frank Act’s swaps “pushout” requirement, and clarify that taxpayer funds would not be used to prevent the receivership of any FDIC-insured swaps entity resulting from swaps activities.
H.R. 3606 and H.R.2308 were also approved by voice vote yesterday with amendments which will address businesses’ access to capital markets and require cost-benefit analyses for SEC regulations.
Read more about the approved rules and amendments.
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