Banking panel chairmen mum so far on big-bank legislation

05/1/2013 | (free registration)

The push to end "too big to fail" and to raise capital standards for big banks has elicited little thus far from Senate banking committee Chairman Tim Johnson, D-S.D., and House Financial Services Committee Chairman Jeb Hensarling, R-Texas. Johnson traditionally has backed community banks, which are advocating for the Brown-Vitter bill, but he also has been a staunch supporter of the Dodd-Frank Act and represents a state where Citigroup has a large presence. Hensarling, meanwhile, has not clearly defined his position.

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