After failing to push forward on any bills during the past two years, the Senate Banking Committee may finally be ready to reopen Dodd-Frank, writes American Banker's Victoria Finkle.
"We're kind of getting in the phase where Congress will have a second review of how these provisions that regulations have fleshed out are impacting the marketplace, and maybe make corrections where things are not working out," said Paul Merski, executive vice president for congressional relations and chief economist for the Independent Community Bankers of America.
Although the committee has yet to issue a formal agenda for the next Congress, spokesman Sean Oblack states that oversight of the Dodd-Frank law and issues such as mortgage finance reform will top the list.
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