House expected to vote on S.2155 in May

The House is expected to vote on S.2155 later this month. House Speaker Paul Ryan said Tuesday the House will take up the Senate’s bank deregulation bill and the Senate would take up additional financial services legislation from the House. Speaker of the House Paul Ryan (R-Wis.) said Tuesday that the House will vote on the […]

The House is expected to vote on S.2155 later this month. House Speaker Paul Ryan said Tuesday the House will take up the Senate’s bank deregulation bill and the Senate would take up additional financial services legislation from the House.

Speaker of the House Paul Ryan (R-Wis.) said Tuesday that the House will vote on the Senate-passed Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155). Ryan said at a press conference that the House and Senate are working on additional regulatory relief legislation as well.

“We’ve got an agreement to be moving different pieces of legislation,” Ryan said, according to Politico. “So we will be moving the [Senate’s] Dodd-Frank bill. We’re also going to be moving in the Senate a package of bills that we think will actually add to this that the Financial Services Committee has acted on as well. Chairman [Jeb] Hensarling is working with them on that.”

“We thank Speaker Ryan for his commitment to moving forward with this vital piece of bipartisan regulatory relief legislation,” Nussle said. “Timing now is more critical than ever for credit union stakeholders to contact their representatives to urge support for this bill in order to capitalize on this momentum and move this bill to the finish line.”

Comments can be sent to members of Congress using CUNA’s Campaign for Common-Sense Regulation website.

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