With media distracted by Comey, GOP-led House passes HUGE bill

[Revmitchell]

The House of Representatives pushed through a bill Thursday that would gut many of the key banking reforms implemented after the financial crisis.

The bill would essentially gut the Dodd-Frank legislation that was passed in 2010:

In all, the measure takes aim at the Dodd-Frank reforms, which sought less risk and higher capital levels from an industry linked to the crisis and the accompanying Great Recession. Lenders got in trouble after mass defaults of risky mortgages, then required a government bailout when they didn’t have the capital to cover their losses.

With media distracted by Comey, GOP-led House passes HUGE bill

 

[InTheLight]

Help me to understand...if the Comey hearings were not happening, the Republicans would not have been able to pass the bill because of media coverage scrutiny? Or what is the article saying?

 

[HankD]

Help me to understand...if the Comey hearings were not happening, the Republicans would not have been able to pass the bill because of media coverage scrutiny? Or what is the article saying?

So what!

HankD

 

[HankD]

The House of Representatives pushed through a bill Thursday that would gut many of the key banking reforms implemented after the financial crisis.

The bill would essentially gut the Dodd-Frank legislation that was passed in 2010:

In all, the measure takes aim at the Dodd-Frank reforms, which sought less risk and higher capital levels from an industry linked to the crisis and the accompanying Great Recession. Lenders got in trouble after mass defaults of risky mortgages, then required a government bailout when they didn’t have the capital to cover their losses.

With media distracted by Comey, GOP-led House passes HUGE bill

This is great, while the witch hunt continues on President Trump continues on getting kudos and attracting greater numbers to his base!

HankD