Tag Archives: Financial Regulatory Relief Bill

On Monday, the Senate Banking Committee Chairman and Committee members, along with other senators, announced bipartisan proposals for a new regulatory relief bill in an effort to obtain economic growth and protection for American consumers, businesses, and the stability of the financial sector.

The Financial Regulatory Improvement Act of 2015, introduced last week by Senate Banking Committee Chairman Richard Shelby (R-Alabama) is aimed at providing regulatory relief for community and regional banks and credit unions, and proposes what Shelby calls "moderate" changes that would increase the transparency of the Federal Reserve.