With the coming of a new administration led by president-elect Donald Trump, whose transition team has said he plans to “dismantle” the Dodd-Frank Act, legislation put forth by Rep. Jeb Hensarling, H.R. 5983, also known as “the Financial Choice Act” (FCA), is front and center on the national stage.
FCA, which the House of Representatives passed in September, proposes to repeal or amend numerous portions of Dodd-Frank. The first of our two-part series addresses the Consumer Financial Protection Bureau and general regulatory reform.
Read on for more details.