Politics May 05

Chairman of the House Financial Services Committee Jeb Hensarling (R-TX) questions SEC Chairwoman Mary Jo White during a hearing in Washington, U.S., November 15, 2016. REUTERS/Joshua Roberts - RTX2TT25
GOP House panel takes first step to gut Dodd-Frank law

House Republicans took a major step toward their long-promised goal of unwinding the stricter financial rules created after the 2008 crisis, pushing forward sweeping legislation that would undo much of President Barack Obama's landmark banking law.

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