Dems Slam GOP Bill That Dismantles Protections Against Wall Street Exploitation


Dems Slam GOP Bill That Dismantles Protections Against Wall Street Exploitation

Wall Street sign

The Financial Choice Act, a Republican-designed bill that delivers on the long-held promise to dismantle major parts of the Dodd-Frank financial reform law passed in 2010, including gutting the successful Consumer Financial Protection Bureau (CFPB), won passage Thursday along a nearly party line vote, 233-186.
House Financial Services Chairman Jeb Hensarling said, “Every promise of Dodd-Frank has been broken. We will replace economic stagnation with a growing healthy economy.”
On a call Friday morning with reporters, three opponents of the bill detailed how it will harm consumers in Ohio and across the nation.
Wrong Choice
U.S. Rep.  …

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