Republican jobs bill aims to repeal Dodd-Frank

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The Choice Act repeals key aspects of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Only one Republican voted against the bill, Rep. Walter Jones of North Carolina, who was among just three Republicans to vote for Dodd-Frank in 2010.

Now, Congress is considering Senate Bill 2155, a meaningful modification to Dodd-Frank, the 2010 landmark legislation that brought the most significant changes to financial regulation in the United States since the regulatory reform that followed the Great Depression.

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House Republicans voted Thursday to deliver on their promise to repeal dodd- frank – the massive set of Wall Street regulations President.

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The repeal of Dodd-Frank will not come in one fell swoop. Rather House Republicans are moving in several stages to reduce the scope of the Volcker Rule and to gut its effectiveness. The first step in this direction came on Wednesday, with a bill brought to the floor of the House supposedly to "make technical corrections" to Dodd-Frank. This.

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The Republican-crafted plan to repeal the Dodd-Frank Wall Street Reform and Consumer Protection Act is one step closer to reality after the House Financial Services Committee voted Tuesday to pass. The 37-year-old from Woodland Hills, California, would use online dating apps and social media to woo women before stealing money, checks and credit.

Obama promises to veto any bill repealing Dodd-Frank The White House had previously said "no" to any proposed repeal of Dodd-Frank, including when attached to a spending bill. This moratorium has clearly been lifted, and the lobbyists are hard at work. The House Republican rhetoric will be "technical fixes" and "job creation".

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The current bill aims to raise this threshold to $250 billion or more. If the bill passes, it will leave fewer than 10 big banks in the United States subject to the full scope of Dodd-Frank oversight.

House Republicans are scheduled to vote on a bill to repeal the 2010 Dodd-Frank act, according to a statement from House Majority Leader Kevin McCarthy. McCarthy announced Friday that the House will review and vote on the financial choice act next week, but the exact timing of the vote remains unclear.