Guest Host: Indira Lakshmanan

FEBRUARY 14: President Donald Trump gives the pen to Rep. Bill Huizenga (R-MI) after signing H.J. Res. 41 in the Oval Office of the White House on February 14, 2017 in Washington, DC. The resolution nullifies a rule in the Dodd-Frank Act that "requires resource extraction issuers to disclose payments made to governments for the commercial development of oil, natural gas, or minerals." )

FEBRUARY 14: President Donald Trump gives the pen to Rep. Bill Huizenga (R-MI) after signing H.J. Res. 41 in the Oval Office of the White House on February 14, 2017 in Washington, DC. The resolution nullifies a rule in the Dodd-Frank Act that "requires resource extraction issuers to disclose payments made to governments for the commercial development of oil, natural gas, or minerals." )

“We’re going to be doing a big number on Dodd-Frank” President Donald Trump promised in January. Now, House Republicans have proposed legislation to do just that. The Financial CHOICE Act would roll back banking regulations put in place by the 2010 Dodd-Frank Act, and it could also spell the end of a key part of the act, the Consumer Financial Protection Bureau. The GOP says this gets rid of stifling regulations, but many Democrats worry about a repeat of the 2008 financial meltdown.

Guests

  • Rep. Jeb Hensarling R-Tex
  • Sen. Elizabeth Warren D-Mass
  • Rob Tricchinelli Securities and banking reporter, Bloomberg BNA

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