NYBA applauds the passage of S. 2155 as the first meaningful change to the Dodd-Frank Act since 2010. The legislation was signed by the President on Thursday and will hopefully pave the way for other reforms in the regulation of banking in the aftermath of the financial crisis. All nine New York Republican House Members voted in favor of the bill, as well as three New York Democrats: Sean Patrick Maloney, Kathleen Rice, and Tom Suozzi. Special recognition goes to all those bankers who participated in our grassroots action campaigns and our Washington and in-district meetings. Your voices, in concert with your colleagues across the nation, made this result a reality.
For more information, please contact:
Michael P. Smith, President, NYBA, at (212) 297-1699
Roberta Kotkin, General Counsel & Chief Operating Officer, at (212) 297-1684
Clare M. Cusack, Senior Vice President, Government Relations/Deputy General Counsel, at (212) 297-1664