GOP focus shifts away from gutting Dodd-Frank
March 15, 2017 by Elizabeth Dexheimer
(Bloomberg) — Here’s the latest indication Wall Street regulations won’t be gutted anytime soon: Republicans who write financial laws are starting to focus on other things.
The Senate Banking Committee, led by Mike Crapo, on Thursday approved a measure about publishing research on exchange-traded funds, and a collection of other narrow bills with bipartisan support.
In the House, the Financial Services Committee held a hearing about flood insurance, further stalling the rollout of Chairman Jeb Hensarling’s plan to eliminate laws enacted in response to the financial crisis of 2008.
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