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Monday, February 29, 2016

ABA-Advocated Tailored Regulation Bill Up for Committee Vote

The House Financial Services Committee is expected to meet to vote on the ABA-advocated TAILOR Act. The bill – a key part of ABA’s Agenda for America’s Hometown Banksand crafted with the assistance of the state bankers associations and ABA – would direct financial regulators to tailor regulatory actions based on the sizes, business models, risk profiles and other differentiating characteristics of the institutions they supervise.

Meanwhile, the House panel’s task force on terrorist financing will meet to examine how to help the developing world fight terrorist funding, and the Senate Banking Committee will hold a subcommittee hearing to examine regulatory reforms to the equity markets.

Learn about ABA’s Agenda for America’s Hometown Banks.

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