Our visual memorandum here describes the key changes the Bipartisan Banking Act makes to the regulation of banking organizations. It is color coded for those who want to look only at the changes that affect their own organization.
The House is expected to pass the Economic Growth, Regulatory Relief and Consumer Protection Act – the Bipartisan Banking Act – on May 22, and the President is expected to sign it into law shortly afterwards. The Act is the first major piece of legislation to rebalance the financial regulatory landscape since the Dodd-Frank Act in 2010.