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.

Share on FacebookTweet about this on TwitterShare on LinkedInShare on Google+

(Continues ...)

Log in to see the rest of this article and the discussion

Kiplinger Alerts is a subscription-based e-mail and online alert service that helps you make more profitable decisions for your business and investments. You get reliable intelligence and forecasts on more than a dozen factors that affect the economy and are critical to your business and financial success.

Already a subscriber?

Login now

Not yet a subscriber?

Enjoy it free for 30 days