The Financial CHOICE Act is a bill introduced to the 115th United States Congress in 2017 that would, if enacted, roll back “many of the protections in the landmark Dodd-Frank 2010 federal law, including the “strongest” Wall Street“regulations from the financial crisis.[1] The legislation passed the House 233-186 on June 8, 2017.[2] The massive 600-page[1] legislation was crafted by Congressman Jeb Hensarling (R-TX), chair of the House Financial Services Committee.[2]
The bill easily passed the Republican-led House on June 8, 2017 along party lines.[2] The next stage is in the Senate where, under the leadership of chairman Mike Crapo (R-), they are taking a “bipartisan approach” to craft their own “regulatory relief bill for Wall Street and community banks” that would be able to “clear a 60-vote threshold”.
Americans for Prosperity’s Vice President of External Affairs Christine Harbin sat down with Financial Services Committee Chairman Jeb Hensarling to discuss the importance of the Financial CHOICE Act: https://americansforprosperity.org/afp-talks-financial-choice-act-rep-jeb-hensarling/
