Republican jobs bill aims to repeal Dodd-Frank

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 · The House of Representatives plans to begin debating on Thursday an ambitious Republican bill that aims to scale back much of the landmark Dodd-Frank Act, which was enacted in 2010 in the wake of the financial crisis and regulates banks and financial service companies.

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 · Rand Paul’s jobs plan: repeal financial Reform. important provisions in the Dodd-Frank financial reform bill. And if his recent interviews are.

Changes to Dodd-Frank aim to provide relief to small and mid-sized institutions.. the financial crisis that cost so many Americans their jobs and homes. a group opposed to the bill, disputed the Republican argument that no.

US House Passes Republican Bill of Dodd-Frank Replacement; US House Passes Republican Bill of Dodd-Frank Replacement The new bill aims to loosen financial regulations by repealing large portions of the 2010 Dodd-Frank law.. "This is a jobs bill for Main Street. It will rein in the overreach.

Senate Democrats and Republicans agree on plan to loosen restrictions on banks. Dodd-Frank also placed restrictions on capital liquidity for banks with assets.. Not only did it weaken “too big to fail” regulations, it repealed the so- called. Legislation that looks more like the Choice Act is the wish of the.

 · Republicans to unveil Dodd-Frank alternative. Jun. 7. that aims to dismantle significant portions of the Dodd-Frank financial. were the ones who pushed the repeal of the Glass Steagall Act.

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Comments Off on Financial CHOICE Act of 2017 print this page. seek to repeal Dodd-Frank in its entirety, the CHOICE Act would amend, repeal, Allow banking organizations to opt out of elements of Dodd-Frank's supervisory. For purposes of the off-ramp, “total leverage exposure” would be calculated.

The Choice Act repeals key aspects of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Only one Republican voted against the bill, Rep. Walter Jones of North Carolina, who was among just three Republicans to vote for Dodd-Frank in 2010.