By a vote of 258-159, the House passed the "Economic Growth, Regulatory Relief, and Consumer Protection Act." The bill would ease certain banking regulations implemented following the financial crisis of 2008.
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By a vote of 67-31, the Senate passed the "Economic Growth, Regulatory Relief, and Consumer Protection Act." The bill would make changes to banking regulations implemented following the financial crisis of 2008.
Federal Reserve Board Governor Jerome Powell, Acting Comptroller of the Currency Keith A. Noreika, and FDIC Chair Martin Gruenberg testified at a hearing on "Regulation and Economic Growth" held by the Senate Committee on Banking, Housing, and Urban Affairs.
By a vote of 233 to 186, the House of Representatives passed the "Financial CHOICE Act of 2017."
Representatives Robin L. Kelly (D-IL) and James A. Himes (D-CT) urged Treasury Secretary Steven T. Mnuchin to ensure that the "Treasury Department do all it can to keep our banking sector safe" from cybersecurity threats.