Congress Passes Bill Rolling Back Banking Rules

Wednesday, May 23, 2018 | Tag Cloud Tags: , , , , , ,

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(Worthy News) - Congress has moved to dismantle some key rules for banks that were installed to prevent a replay of the 2008 financial crisis.

The House voted 258-159 to approve legislation rolling back the landmark Dodd-Frank law, sending the bill to President Donald Trump. He is poised to sign it into law to deliver on a campaign pledge of gutting Dodd-Frank.

The Republican-led bill, which already cleared the Senate in March, garnered votes from some House Democrats. [ Source: CBN News (Read More...) ]

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