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The bill, authored by Representative Jeb Hensarling, would repeal large portions of Dodd-Frank, while placing significant new restrictions on financial regulators like the Consumer Financial.
Two congressmen battle portions of Dodd-Frank publicly September 13, 2013 KEYWORDS Dodd-Frank Act House Financial Services Committees Private Equity Funds Rep. Jeb Hensarling Securities and.
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Two congressmen battle portions of Dodd-Frank publicly. September 13, 2013. house financial services committee chairman rep. Jeb Hensarling, R-Texas, and Rep. Scott Garrett, R-NJ, sent a letter to.
Trump Agenda: It's Not Too Late to Fix Dodd-Frank | Fortune – The OLA, defined in Title II of Dodd-Frank, "was among the most widely supported and bipartisan portions of the bill, passing the Senate by a vote of 93 to 5," but has become more.
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Big banks try to weaken a portion of Dodd-Frank oversight By Emily Flitter, Kenneth P. Vogel and Alan Rappeport Updated 2:05 pm PST, Monday, March 5, 2018
But some argue that it goes too far, unraveling portions of the 2010 Dodd-Frank Act. "I’m all for helping community banks and credit unions, but this bill goes way beyond that and includes massive giveaways to Wall Street that will open the door to another financial crisis," Rep. Maxine Waters of California said in a statement.
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In the last election cycle, Wall Street banks and financial interests spent over $1.2 billion on lobbying and campaign contributions, according to Americans for Financial Reform. Their spending.
The Dodd-Frank Wall Street Reform and Consumer Protection Act Congressional Research service 2 legislative history The 111th Congress considered several proposals to reorganize financial regulators and to reform the regulation of financial markets and financial institutions.
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Trump’s budget plan, made public last week just two days before the D.C. Circuit court hearing, calls for "restructuring the CFPB to refocus its efforts on enforcing enacted consumer protection.
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