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Complete Story
05/24/2018
House passes reg relief bill
BankBeat
The Economic Growth, Regulatory Relief, and Consumer Protection Act (S.2155) overwhelmingly passed in the U.S. House of Representatives May 22. The final tally was 258-119 votes for the bill. Thirty-three Democrats voted for the bill.
The bill passed the Senate March 14 by a vote of 67 to 31. The bill now goes to President Trump, who has indicated he will sign it.
The bill’s passage is considered a significant win for the banking industry; it was supported by community banks, banking associations and credit unions.
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