US House Republicans Reject Bundling Housing Bill with Cryptocurrency Legislation
Odaily reported that House Republicans have refused to accept a legislative deal proposed by the Senate. The proposal suggests including the House’s bipartisan community banking deregulation bill into the pending crypto market structure legislation in exchange for the House accepting the Senate-passed housing affordability bill. Rep. Bill Huizenga, vice chairman of the House Financial Services Committee, raised doubts about the arrangement. Last week, Senate Banking Committee Republicans discussed the proposal in a closed-door meeting, with Senator Katie Britt helping to present the idea to other Republican senators. Earlier this year in February, the House’s housing bill included provisions for community banking deregulation, but the housing bill passed by the Senate this month did not have those provisions. House Republicans noted that several issues in the Senate's housing bill still need to be addressed and that simply adding the banking bill to the crypto legislation would not be enough to convince them to accept the Senate’s version of the housing bill. Rep. Andy Barr, a senior member of the House Financial Services Committee, voiced support for including the bank deregulation provisions in the crypto legislation, but also demanded that the Senate incorporate some of the House’s housing proposals.
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Ameren declares quarterly dividend of $0.75 a share
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