The House Financial Services Committee will zero in this Congress on Dodd-Frank Act implementation, with a likely rollback of the law with the reintroduction soon of Rep. Jeb Hensarling's Financial Choice Act, but hurdles remain in the Senate.
Hensarling, the Republican chairman of the committee, laid out Tuesday the committee's Oversight Plan for the 115th Congress, with the Securities and Exchange Commission as well as the agency's oversight of advisors and brokers in the committee's crosshairs.
Hensarling noted in his opening remarks at the markup on Tuesday that the Oversight Plan is "virtually unchanged" from the one adopted by voice vote at the beginning of the last Congress.
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