12/05/2016

Congress

Hensarling Reelected as House Financial Services Chairman

ICBA congratulated Rep. Jeb Hensarling (R-Texas) for being elected to his third term as chairman of the House Financial Services Committee. In the 115th Congress, Hensarling will continue pressing his Financial CHOICE Act regulatory relief bill.

The ICBA-supported legislation includes many provisions from ICBA’s Plan for Prosperity regulatory relief platform, such as reforms to rules on mortgage lending, the call report and data collection. It also would repeal Durbin Amendment price controls on debit card interchange fees.