Cohn: Congress will ‘hopefully’ pass bank reg overhaul within months

Summary:
This reform is on the back burner for now.  Cohn is now thinking by end of first quarter '18: Cohn said on Bloomberg News that the Senate bill to roll back the Dodd-Frank Act would "hopefully" see floor time in January and pass the House “in the first quarter of this year.” The draft legislation has included some stability increasing capital exemptions for non-risk assets. White House economic adviser Gary Cohn expects Congress to pass legislation within three months to roll back #DoddFrank. #regrelief https://t.co/eKaYxv8lQ9 — Tennessee Bankers Association (@TNBankers) January 9, 2018

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