House May Accede to the Senate Version of the Bill Amending the Dodd-Frank Act

The American Banker reports here that House Financial Services Chair Jeb Hensarling may be moving away from insisting on adding to the Senate bill amending Dodd-Frank provisions the House had passed. Hensarling is a key player in the process and so if he goes along with the Senate version, others are likely to agree. Hensarling could still seek additional revisions to Dodd-Frank, including changes in the portions that affect the CFPB, in later bills.

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