Senators split on how to negotiate bank bill with the House

Senators from both parties who have worked together to pass legislation easing regulatory burdens on banks are now split on whether and how to negotiate with the House to pass their bill and send it to President Trump’s desk.

Jeb Hensarling of Texas, the conservative chairman of the House Financial Services Committee, has said the House won’t rubber-stamp the legislative package that passed the Senate with 17 votes from Democrats after months of delicate negotiations. Instead, he’s looking to get more bills that passed the House with bipartisan support included in final legislation.