Senate Slated to Roll Back Key Dodd-Frank Financial Regulations

HeadlineMar 05, 2018

The Senate is slated to roll back key financial regulations passed in the wake of the 2008 financial crisis. A new bill, which will come up for a procedural vote this week, would exempt 25 of the nation’s 40 largest banks from being subject to heightened scrutiny by the Federal Reserve. If it passes, it would be the biggest weakening of the Dodd-Frank Act since it was signed into law in 2010.

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