Bipartisan Approval Pushes Covered Bond Legislation Out Of Subcommittee; Dems Want FDICs Concerns Addressed
May 6, 2011
A bill that would create a legislative framework for a covered bond market in the U.S. cleared a House subcommittee with bipartisan support this week following some fine tuning by its sponsors to address concerns raised by critics and regulators. The House Financial Services Subcommittee on Capital Markets and...