Dodd-Frank Repeal DOA in Senate

Lost in the Beltway cacophony of Russia-related probes, health care measures and tax reform is the GOP’s call to kill the Dodd-Frank Wall Street Reform and Consumer Protection Act. Yet despite these efforts, Democrats’ legislative response to the financial crisis will largely remain in place.

A Republican bill that essentially would repeal and replace 2010’s Dodd-Frank Act easily passed the House today along a near-party line vote. But it won’t survive the Senate in its original—or likely any—form.

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