December 5, 2017 / 10:29 PM / in 11 days

U.S. Senate committee advances bill easing banking regulations

WASHINGTON, Dec 5 (Reuters) - A U.S. Senate committee advanced legislation Tuesday that would ease financial rules for banks for the first time since the 2007-2009 financial crisis.

The Banking Committee advanced the legislative package by a vote of 16 to 7, where it now heads to the full Senate for consideration.

The bill would ease regulatory requirements for banks with under $250 billion in assets, among other changes to rules imposed by the 2010 Dodd-Frank financial reform law. (Reporting by Pete Schroeder; Editing by Jonathan Oatis)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below