Shelby Releases Discussion Draft of “The Financial Regulatory Improvement Act of 2015”

WASHINGTON, DC – Tuesday, May 12, 2015 – U.S. Senator Richard Shelby (R-Ala.), Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs, today released the text of the discussion draft of “The Financial Regulatory Improvement Act of 2015.”  Chairman Shelby released the following statement regarding the discussion draft:

 

“This discussion draft is a working document intended to initiate a conversation with all members of the Committee who are interested in reaching a bipartisan agreement to improve access to credit and to reduce the level of risk in our financial system.  I look forward to engaging with members of the Committee on specific proposals in the discussion draft.”   

 

To view the discussion draft, click here.

 

To view the section-by-section summary, click here.

 

 ###