The House recently passed bipartisan bills that could benefit financial institutions and investors. The bills include provisions that would amend the Volcker Rule, restrict federal regulators from engaging in activities previously permitted under the Operation Choke Point initiative and help small- and mid-sized mortgage lenders.
The bills are H.R. 2706, dubbed the “Financial Institution Customer Protection Act,” H.R.3971, known as the “Community Institution Mortgage Relief Act,” and H.R. 3093, the “Investor Clarity and Bank Parity Act.”
Find out more about the three pieces of legislation.