The Senate resumed debate over the bipartisan Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) yesterday after the chief co-sponsors introduced an amended version late last week. ICBA has put out several helpful resources regarding S. 2155, including an updated bill summary and two infographics (here and here).
As reported last week, Senators Cornyn and Cruz have expressed support for this bill. We very much appreciate their help making much-needed and long-overdue regulatory reform for community banks a reality. We’re keeping close watch of Senate activity early this week as a vote—expected to pass—should happen in the coming days.