Congress nears dismantling of post-crisis bank rules
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May 23, 2018
WASHINGTON (AP) — Congress was taking a final step Tuesday toward dismantling a chunk of the rules framework for banks installed to prevent a recurrence of the 2008 financial crisis that brought millions of lost jobs and foreclosed homes.
The House planned to approve legislation to roll back the Dodd-Frank law, easing rules for banks and notching a legislative win for President Donald Trump, who made gutting the landmark law a campaign promise.
The Republican legislation, pushed by Wall Street banks as well as regional banks and smaller institutions, carries bipartisan support. The bill splint...
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