While the Banking Committee-passed “Economic Growth, Regulatory Relief, and Consumer Protection Act” (S. 2155) does not go as far as the House passed CHOICE Act, it does provide some significant reforms. Additionally, having passed the Senate Banking Committee with bipartisan support, it has a better chance of making it to the President’s desk. Is this bill the new baseline for addressing the inequities of Dodd-Frank? If so, where should improvements be made and what are the consequences to the success of this legislation?