House approves bill rolling back Dodd-Frank banking rules - News Today in World

House approves bill rolling back Dodd-Frank banking rules

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Title : House approves bill rolling back Dodd-Frank banking rules
link : House approves bill rolling back Dodd-Frank banking rules

news-today.world | Congress has moved to dismantle some key rules for banks that were installed to prevent a replay of the 2008 financial crisis.

The House voted 258-159 to approve legislation rolling back the landmark Dodd-Frank law, sending the bill to President Donald Trump. He is poised to sign it into law to deliver on a campaign pledge of gutting Dodd-Frank.

The Republican-led bill, which already cleared the Senate in March, garnered votes from some House Democrats.

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