Congress is set to pass the largest rollback of Wall Street regulations since the financial crisis
|05/22/2018||Posted by BusinessMediaguide.Com under General World News||
- The House will vote on a bill to roll back a number of Wall Street regulations.
- The bill will head to President Donald Trump if it is passed.
- The bill would lift regulations on community and regional banks, while preserving many rules established under the post-financial crisis Dodd-Frank Act.
- Opponents say the bill would undermine protections for consumers and possibly risk another financial crisis.
The House is expected to finalize the largest package of Wall Street banking reforms since the financial crisis on Tuesday, rolling back regulations on financial firms from community banks to credit reporting agencies.
The legislation — most commonly referred to as read more >>>