New Dodd-Frank Relief to Focus on Capital Formation: Hensarling

House Republicans are pushing capital formation proposals in talks with Senate Democrats on a potential second round of Dodd-Frank Act relief.

Financial Services Committee Chairman Jeb Hensarling (Texas) told attendees at a Politico event May 17 that he’s having a “healthy dialogue” with Senate Republicans and Democrats about a bill that he hopes will move this summer.

Hensarling’s focus on capital formation suggests House Republicans have conceded there’s no chance for broader changes to financial regulation beyond what’s included in a Senate bill (S. 2155) the House is scheduled to vote on May 22. The Senate bill relaxes rules for ...