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Monday, June 30, 2014

Senator Calls for TRIA Vote in July

Senator Charles Schumer (D-NY) stated that he would like the full Senate to vote on S. 2244, the Senate's TRIA renewal legislation, in July. The bill is expected to easily pass the Senate, the Banking Committee passed it unanimously earlier this month. House leadership have also expressed their desire to vote on TRIA prior to the August recess. However, the House and Senate bills vary in several important features, including the length of the program extension and the amount of government liability.

For details on the House and Senate bills, please refer to the ABIA TRIA matrix. Read the ABIA members-only TRIA matrix. 

Indicates ABIA members-only material. Not an ABIA member? Contact Jennifer Hatten to learn about the benefits of membership and ways to join here. Visit our membership page to learn more.

Are you an ABIA member but not yet on our ABIA Network? Contact Deanne Marino for an invitation.

If you are a member of the ABIA and would like to learn more about our support of TRIA or join our TRIA Task Force, please contact us and visit our website. If you are a member of the ABIA and would like to learn more about our support of TRIA or join our TRIA Task Force, please contact us and visit our website.