U.S. Congressman Jeb Hensarling, Chairman of the House Financial Services Committee, has set the stage for the consideration of regulatory reform and burden reduction with the introduction of H.R. 5983, the “Financial Choice Act of 2016,” a cornerstone of which (Title I) provides regulatory relief for banking organizations that are strongly capitalized and well-managed. This alert provides an easy-to-follow, plain language summary chart of Title I at a glance.
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