Wednesday, January 14, 2015

The House Is Set to Pass a GOP Bill Wiping Out Wall Street Reforms

http://www.motherjones.com/politics/2015/01/dodd-frank-bill-house-gop-hr-37
"The bill, introduced by Rep. Michael Fitzpatrick (R-Pa.), is called the Promoting Job Creation and Reducing Small Business Burdens Act, but its name obscures what it would actually do. The legislation is a compilation of deregulatory bills that failed to pass the Democrat-controlled Senate in the last Congress. It would alter nearly a dozen provisions of the 2010 Dodd-Frank financial reform law, loosening regulation of Wall Street banks."