Monday, April 24, 2017

House Republicans FINALLY Reveal Dodd-Frank Reform

The Daily Caller reports:
Members of the House banking panel revealed a 600-page proposal Wednesday evening to roll back the Dodd-Frank Act.

The bill is the most aggressive plan so far by Republican leadership in Congress to loosen financial regulations after the financial crisis of 2007. President Donald Trump has taken the lead thus far for Republicans on banking and regulatory reform, signing multiple executive orders in February aimed at repealing Dodd-Frank and other rules.
A simple one sentence repeal would be much fairer but would raise less campaign contribution for politicians.