After racing through Congress at near break-neck speed, the acronym-friendly Jumpstart Our Business Startups Act (the JOBS Act) has stranded in the Senate Committee on Banking, Housing and Urban Affairs at least 11 other Senate and House bills that deal with securities law reforms.
Apart from the bank's restructuring, lawmakers were looking at a number of other bills including one setting up an "Investment Solidarity Fund" and restricting banking transactions in times of crisis.
Some of that comes from persuading the 58% of U.S. households that are not banking online to make the switch, and getting those already online to do more, like paying bills via their bank.