Posts tagged Economic Growth Regulatory Relief and Consumer Protection Act.
On May 22, 2018, the U.S. House of Representatives passed S. 2155, titled The Economic Growth Regulatory Relief and Consumer Protection Act ("Act"). This was the penultimate legislative hurdle for the Act, which now only requires the President's signature to become law. The President is expected to sign the Act into law in the very near future.
The Act has a number of important regulatory relief provisions governing the lending and banking industry including:
- Reduces the level of regulatory oversight by the Financial Stability Oversight Counsel (FSOC) for banks with between ...
Tags: Banking, Congress, Economic Growth Regulatory Relief and Consumer Protection Act, fcra, Financial Stability Oversight Counsel, Lending, Protecting Tenants at Foreclosure Act, Regulatory, tila