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Fairfax Underground
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
The House on Tuesday passed a plan to roll back banking regulations passed in response to the 2008 financial crisis, sending the bill to President Trump to sign into law.
Posted by:
cheesecake
()
Date: May 22, 2018 06:21PM
The measure would not repeal the rules, but it would mark the most significant weakening of the “Dodd-Frank” banking regulations since they were passed in 2010. The bill would exempt some small and regional banks from the most stringent regulations, and it would also loosen some rules aimed at preventing the biggest banks from sudden collapse.
The measure is near certain to become law after passing the House 258 to 59 on Tuesday. The White House supports it, and the Senate approved it in March with bipartisan backing. House Republicans overwhelmingly supported the measure Tuesday, as did 33 House Democrats.
The measure is near certain to become law after passing the House 258 to 59 on Tuesday. The White House supports it, and the Senate approved it in March with bipartisan backing. House Republicans overwhelmingly supported the measure Tuesday, as did 33 House Democrats.
Re: The House on Tuesday passed a plan to roll back banking regulations passed in response to the 2008 financial crisis, sending the bill to President Trump to sign into law.
Posted by:
Up with rich people
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Date: May 22, 2018 06:34PM
Bankers 1, Us Guys 0. Big surprise.
Re: The House on Tuesday passed a plan to roll back banking regulations passed in response to the 2008 financial crisis, sending the bill to President Trump to sign into law.
Posted by:
Here are your villains...
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Date: May 23, 2018 08:09AM
Every day in every way, the GOP is trying to fuck us. We've got to vote these idiots out.
Re: The House on Tuesday passed a plan to roll back banking regulations passed in response to the 2008 financial crisis, sending the bill to President Trump to sign into law.
Posted by:
This is good
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Date: May 23, 2018 09:05AM
Lol nice
Re: The House on Tuesday passed a plan to roll back banking regulations passed in response to the 2008 financial crisis, sending the bill to President Trump to sign into law.
Posted by:
Barney Frank
()
Date: May 23, 2018 12:52PM
Doh!
Dodd-Frank overhaul doesn't weaken rules put in place to prevent financial crisis: Barney Frank
- The rollback of bank rules doesn't "in any way" weaken regulations for the largest banks, says Dodd-Frank co-author Barney Frank.
- The House passed the measure Tuesday and it now heads to President Trump.
Michelle Fox | @MFoxCNBC
Published 19 Hours Ago Updated 18 Hours Ago
CNBC.com
There is "nothing" in the legislation to overhaul Dodd-Frank that diminishes the regulations intended to curb risk-taking by large banks, Democratic former Rep. Barney Frank told CNBC on Tuesday.
The House passed the measure on Tuesday by a vote of 258 to 159. It now heads to President Donald Trump, who is expected to sign it into law.
"It does not in any way weaken the regulations we put in there for the largest banks or that were there to prevent the kind of crisis we had 10 years ago," said Frank, who co-authored the Dodd-Frank reforms after the financial crisis.
Dodd-Frank overhaul doesn't weaken rules put in place to prevent financial crisis: Barney Frank
- The rollback of bank rules doesn't "in any way" weaken regulations for the largest banks, says Dodd-Frank co-author Barney Frank.
- The House passed the measure Tuesday and it now heads to President Trump.
Michelle Fox | @MFoxCNBC
Published 19 Hours Ago Updated 18 Hours Ago
CNBC.com
There is "nothing" in the legislation to overhaul Dodd-Frank that diminishes the regulations intended to curb risk-taking by large banks, Democratic former Rep. Barney Frank told CNBC on Tuesday.
The House passed the measure on Tuesday by a vote of 258 to 159. It now heads to President Donald Trump, who is expected to sign it into law.
"It does not in any way weaken the regulations we put in there for the largest banks or that were there to prevent the kind of crisis we had 10 years ago," said Frank, who co-authored the Dodd-Frank reforms after the financial crisis.
Re: The House on Tuesday passed a plan to roll back banking regulations passed in response to the 2008 financial crisis, sending the bill to President Trump to sign into law.
Posted by:
I see...
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Date: May 24, 2018 08:52AM
So Rep. Frank and Sen. Dodd were right all along and GOP critics were as usual full of shit. Thanks...got it.