S. 2155 – Economic Growth, Regulatory Relief and Consumer Protection Act

S. 2155 — the first bipartisan banking law to be enacted in a decade — contains several commonsense fixes to rules that make it easier for banks to lend to creditworthy customers and serve their communities. The law reflects years of advocacy on the part of bankers, state associations and ABA to address the negative effects of ill-fitting financial rules.​

What You Need to Know

ABA has the resources bankers need to understand how S. 2155 affects their institutions.

ABA Position

ABA believes S. 2155 is an important step towards right-sizing financial regulation and is grateful to the lawmakers from both parties – especially Senate Banking Committee Chairman Mike Crapo (R-Idaho) and Sens. Jon Tester (D-Mont.), Heidi Heitkamp (D-N.D.), Mark Warner (D-Va.) and Joe Donnelly (D-Ind.) – who set partisan politics aside to help their constituents succeed.

Just as ABA worked closely with lawmakers as they crafted their regulatory reform legislation, the association will work closely with regulators as they implement the provisions. We also encourage Congress to pass additional reforms to ensure banks can provide what their customers and communities need to grow.

 

 Newsbytes

 
 

 Letters to Congress & Regulators

 
 

 Testimony

 

​Questions? Contact Charlotte Birch for more information.

 

 ABA Contacts

 
 

 Webinars

 

ABA offers the following webinars ABA Bank Members to help member banks understand how S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act, affects them.

Upcoming:

Recorded:

 

 Related Resources