This month, the 118th Congress convened in Washington, D.C., ushering in a return to divided government. Republicans now hold a narrow majority in the House of Representatives, while Democrats have retained their slim Senate majority. With few opportunities for bipartisan compromise, the 118th Congress is expected to engage in more frequent, less robust, and more … Continue Reading
Legislative Activity Congress Releases Volcker Fix Bills House Financial Services Chairman Jeb Hensarling (R-TX), Representative Shelley Moore Capito, and four other House Republicans introduced the “Fairness for Community Job Creators Act” (H.R. 3819) last week, to exempt all banks, regardless of size, from divesting collateralized debt obligations (CDOs) backed by trust preferred securities (TruPS) under … Continue Reading
