ICYMI: Dodd-Frank Broke Its Promises. The Financial CHOICE Act is a Better Way
Washington,
June 7, 2017 -
Financial Services Committee Chairman Jeb Hensarling (R-TX) joined House leaders today to discuss the Financial CHOICE Act – a bill to end taxpayer-funded bailouts of Wall Street banks and create more opportunities for Americans on Main Street. The bill is scheduled for a vote in the House this week.
Excerpts:
“Dodd-Frank broke all its promises…There is a better way: economic growth for all, bank bailouts for none. It’s the Financial CHOICE Act.”
“We’ll replace complexity with simplicity. We will replace bailouts with bankruptcy for large financial institutions. We will throw a needed life preserver to our community banks and credit unions…”
