Jeb Hensarling, House Financial Services Committee Chairman,said Wednesday that he will hold a hearing to discuss the Financial Choice Act, his bill to replaceDodd-Frank, on April 26.
|The Financial Services Committee approved theFinancial Creating Hope and Opportunity for Investors, Consumersand Entrepreneurs (CHOICE) Act in September.
|The Committee plans to discuss the updated version ofthe bill, dubbed Financial Choice Act 2.0, at the April 26hearing.
|“Republicans are eager to work with the President to end andreplace the Dodd-Frank mistake with the Financial CHOICE Actbecause it holds Wall Street and Washington accountable, endstaxpayer-funded bank bailouts, and unleashes America's economicpotential,” Hensarling, R-Texas, said in a statement announcing thehearing. “We want economic opportunity for all, bailouts fornone. We want real consumer protections that will give youmore choices. Our solution grows the economy from Main Streetup, creates more opportunities for working families to get ahead,and levels the playing field with no more Wall Streetbailouts.”
|Hensarling announced on April 12 his plan toreintroduce his Choice Act in a matter of weeks, stating in acomment provided by a spokesperson that he looks forward to“working with the president and his administration to eliminateDodd-Frank and replace it” with the Choice Act 2.0.
|Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.