Financial CHOICE Act, rolling back Dodd-Frank regulations, passes the House
Financial CHOICE Act, Rolling Back Dodd-Frank Regulations, Passes The House
Remember when the Consumer Financial Protection Bureau (CFPB) fined Wells Fargo $185 million for creating unapproved customer accounts to meet sales quotas last September? Under new legislation passed by the United States House of Representatives yesterday -- the Financial CHOICE (Creating Hope and Opportunity for Investors, Consumers and Entrepreneurs) Act -- the CFPB's power to regulate and fine the financial industry would be curtailed signifi...
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