Congress set to consider Republican plan to abolish Dodd-Frank

dodd-frnkHouse Financial Services Committee will debate Financial CHOICE Act this week

By Ben Lane | HousingWire

House Financial Services Committee Chairman Rep. Jeb Hensarling, R-TX made waves earlier this year when he announced a Republican-crafted plan to repeal the Dodd-Frank Wall Street Reform and Consumer Protection Act and replace it with a “pro-growth, pro-consumer” alternative.

Many of the tenets of the Republican plan, called the Financial CHOICE Act, were later echoed by the Republican Party’s national platform, adopted during its convention in July.

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