Date: October 6, 2014
Issue: Support for Senate Passage of H.R. 5461
To: United States Senate
Filing Type: Hill
Description: A group of 16 trade associations write to urge the Senate to pass H.R. 5461, a bipartisan package of corrections to the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Act") that strengthen the underlying Act and provide critical clarifications to better oversee our financial system while removing barriers to economic growth. The ongoing implementation of the Dodd-Frank Act has revealed unintended consequences that have adversely impacted job creation and economic growth. H.R. 5461, which recently passed the House with strong bipartisan support, is comprised of a series of four thoroughly examined, bipartisan proposals that will fix some of these unintended consequences and help make financial reform more workable.