Date: May 20, 2015
Issue: Regulatory Reform
To:Senator Richard Shelby, Senator Sherrod Brown
Filing Type: Hill
Description: The Chamber welcomes the introduction and markup of the “Financial Regulatory Improvement Act of 2015.” The Chamber believes this bill is an overdue effort that would remove unnecessary regulatory burdens that only inhibit the flow of capital to American businesses. This bill would also begin to address some of the unintended consequences of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), while fixing flaws in the financial regulatory structures left unaddressed by the Dodd-Frank Act. The Chamber hopes that the “Financial Regulatory Improvement Act of 2015” can be considered and passed on a bipartisan basis.