Bill rolling back Dodd-Frank regulations goes to Trump

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Bill rolling back Dodd-Frank regulations goes to Trump

May 23rd 2018, 14:45, by By Marcy Gordon The Associated Press

WASHINGTON >> Congress moved to dismantle a chunk of the rules framework for banks, installed to prevent a recurrence of the 2008 financial crisis that brought millions of lost jobs and foreclosed homes.

The House voted 258-159 on Tuesday to approve legislation rolling back the Dodd-Frank law, notching a legislative win for President Donald Trump, who made gutting the landmark law a campaign promise.

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