U.S. regulators face renewed pressure from congressional lawmakers to ease Dodd-Frank Act derivatives requirements amid mounting criticism from Wall Street and overseas officials that the rules overreach.

The House Financial Services Committee is scheduled to vote on nine measures that would allow more swaps to be traded in units of banks such as JPMorgan Chase & Co. and Citigroup Inc. that hold government-insured deposits. One measure would force U.S. regulators to determine the cost of new Basel III capital charges on banks' swaps with corporate clients.

The measures, which would need approval from the House and Senate before heading to President Barack Obama, are part of an effort by big banks and their congressional supporters to amend or limit the regulatory overhaul the president signed into law less than three years ago. Dodd-Frank requires the Commodity Futures Trading Commission and Securities and Exchange Commission to create swap-market rules after largely unregulated trades helped fuel the 2008 credit crisis.

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