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Home » Store » News » Covered Bonds Bill Passes out of Committee, But FDIC Concerns, Role Remain at Issue

Covered Bonds Bill Passes out of Committee, But FDIC Concerns, Role Remain at Issue

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Legislation to facilitate a U.S. covered bond market passed a key mile-marker this week as the House Financial Services Committee approved a bipartisan bill after throwing a bone to the Federal Deposit Insurance Corp., which has been worried about potential drains on the deposit insurance fund. H.R. 5823, the United States Covered Bond Act of 2010, as amended by Rep. Melissa Bean...
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