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    House Passes Bill Aimed At Reversing Dodd-Frank Financial Regulations

    The GOP-led House approved legislation that scales back the massive set of Wall Street regulations created after the 2008 financial crisis. The Financial Choice Act faces dim prospects in the Senate.
    by Geoff Bennett Jun 08, 2017 3 minutes

    House Republicans voted Thursday to deliver on their promise to repeal Dodd-Frank — the massive set of Wall Street regulations President Barack Obama signed into law after the 2008 financial crisis.

    In a near party-line vote, the House approved a bill, dubbed the Financial Choice Act, , which scales back or eliminates many of the post-crisis banking rules.

    The legislation is the brainchild of House Financial Services Committee Chairman Jeb Hensarling, R-Texas.

    "Dodd-Frank represents the greatest regulatory burden on our economy, more so than

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