Democrats Say Dodd-Frank Repeal Is ‘wrong Choice’

Democrats are slamming a Republican bid to dismantle financial rules put in place after the 2008 crisis as the “wrong choice” for the country. House Republicans approved a sweeping measure on Thursday that would ease rules on banks, weaken consumer protection and scrap federal bailouts for major financial institutions. “Growth!” US President Donald Trump cheered … Read more

Trump Ignites Political Fight Over U.S. Banking Law Reforms

U. S. President Donald Trump on Friday ordered reviews of major banking rules that were put in place after the 2008 financial crisis, drawing fire from Democrats who said his order lacked substance and squarely aligned him with Wall Street bankers. Though the order was short on specifics, financial markets embraced Trump’s signal that looser … Read more