Latest News
Showing the Latest Dodd–Frank Wall Street Reform and Consumer Protection Act Results
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Huffington Post: Next On The Chopping Block For House Republicans: Post-Crisis Bank Regulations
Allied Progress said the bill is so extreme it even erases protections that predate the financial crisis, allowing Wall Street and predatory lenders to once again prey on consumers without repercussion.
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Committee GOP Takes $32 Million from Financial Industry, Passes Hensarling’s Wall Street Giveaway “Financial CHOICE Act”
Key committee approves bill to gut consumer protections from Wall Street fraud and recklessness.
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“Financial Choice Act” Is a Wall Street Giveaway and the Wrong Choice for Working Families
“Hensarling’s ‘Financial CHOICE Act’ is the wrong choice for America’s working families,” says Karl Frisch of Allied Progress.
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Groups Submit Letter to Congress Opposing Wall Street Giveaway Bill, the “Financial CHOICE Act”
The “Financial CHOICE Act,” which would gut protections for Americans from Wall Street fraud and recklessness.
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Prediction: GOP Will Hurl Same Tired Attacks at Consumer Bureau, Cordray, at Today’s Hearing
House Financial Services Committee has held more than sixty hearings targeting the Consumer Bureau with false attacks.
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President Trump Can’t Comb Over the Facts, Dodd-Frank Doesn’t Need a “Major Haircut”
In meeting with Wall Street leaders and corporate executives, Trump backed further away from his commitment to drain the swamp.
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Consumerist: Bank-Backed Congressman Introducing Law To Gut Consumer Financial Protections
Hensarling’s revisions and original legislation targeting the CFPB aren’t entirely a surprise, as he — and the Financial Services Committee he leads — has strong ties to Wall Street and big banks, Allied Progress reports.
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Cleveland Plain Dealer: Now That Trump Dumped Financial Service Regs, What’s the Response?
Karl Frisch, executive director of Allied Progress, a liberal interest group: “If anyone thought Trump filling his administration with Goldman Sachs executives wouldn’t result in financial policy that stacks the deck against hard-working Americans, this should finally dispel that notion.“
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Housing Wire: Mixed Reactions to Trump’s Push for Dodd-Frank Overhaul
“If anyone thought Trump filling his administration with Goldman Sachs executives wouldn’t result in financial policy that stacks the deck against hardworking Americans, this should finally dispel that notion,” Frisch said.
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The Revolving Door and High Flying Conflicts of Hensarling’s House Financial Services Committee
New report details revolving door between committee and industry, staff raking in benefits from industry they’re paid to oversee.