The House Financial Services Committee will begin a markup of Chairman Jeb Hensarling's (R-Texas) overhaul of the financial regulatory system on Sept. 13, the committee announced Thursday.

Known as the Financial CHOICE Act, the legislation would repeal much of Dodd-Frank.

While the legislation is very unlikely to become law this year, the proposal may serve as the starting point for debate next year. Several of the proposal's controversial provisions have been included in House appropriations measures, but have been rejected by the Senate.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Regulatory & Compliance