Regulatory Relief Bill Passes Senate

Following the financial crisis of 2008 and the Great Recession, the federal government imposed regulations in the form of the Dodd-Frank Wall Street Reform and Consumer Protection Act—an effort to ensure financial stability and consumer protection.
Senate Banking Committee Chair Mike Crapo introduced bill S. 2155—the Economic Growth, Regulatory Relief, and Consumer Protection Act—which proposes to roll back these regulations and ease restrictions on regional banks, allowing con