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Tag Archives: Republicans

The Week Ahead: Dodd-Frank House Vote

The Dodd-Frank Act is being voted on by the House this upcoming Wednesday. In mid-April, Republicans proposed a reform to the financial system, The Financial Choice Act, which is essentially an “off-ramp” for financial institutions. Find this and more in the Week Ahead.

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GOP Unveils Dodd-Frank Overhaul

Rep. Jeb Hensarling (R-Texas), Chairman of the House Financial Services Committee, on Tuesday morning announced the GOP’s much-anticipated and much-talked about proposed alternative to Dodd-Frank, entitled the Financial CHOICE Act.

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New Bill Proposed by Texas Lawmakers to Completely Eliminate the CFPB

Various legislation has been introduced by Republicans in an attempt to reduce the power of the Consumer Financial Protection Bureau in the last year, but there has not been any law proposed to completely eliminate the Bureau – until now. U.S. Representative John Ratcliffe and U.S. Senator Ted Cruz, both Republicans from Texas, have combined to sponsor a bill that would completely abolish the CFPB, according to announcements on both lawmakers' websites.

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