US House Passes The Financial Choice Act To Roll Back 2010 Dodd-Frank Reforms


Gronda Morin

Image result for photos of house working on Financial Choice actHere we go again. While the world was fixated on the TV to watch the FBI Director James Comey testifying at the June 8th US Senate Intel hearing about the events that led up to his firing by the republican President Donald Trump to remove from the White House, the burden of the FBI’s Trump-Russian connections probe, the US House representatives were hard at work in dismantling the 2010 Dodd-Frank Act. This bill was designed to prevent financial institutions from repeating the same mistakes which caused the 2008 US financial meltdown and to protect customers from banking excesses that unfairly disadvantaged the average Joe consumers.

So, not only was the US. Senate hard at work to fast track under “special rules” the AHCA/ the republican healthcare bill designed to push away millions of Americans from being able to access affordable healthcare insurance, the US House law makers were also busy in…

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3 thoughts on “US House Passes The Financial Choice Act To Roll Back 2010 Dodd-Frank Reforms

  1. As always, when lots is going on – distractions – best look behind the curtain for the real story. True with all politicians no matter which party.
    We need term limits for elected officials (so they will be more accountable – and have to live in the real world like the rest of us instead of becoming millionaires as “public servants”) And we need a new rule for all legislation: one issue/matter per bill. No more piggybacking stuff that won’t fly on it’s own in something that has to be passed.

    Liked by 1 person

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