As the Trump presidency takes hold, the debate over Dodd-Frank is growing. President-Elect Donald Trump has promised to dismantle the banking reform act. Fed Chief, Janet Yellen, has promised to defend it. Congress has the power to change it. And, the battle has already begun.
The House just passed an amendment to the Dodd-Frank Act that could be the beginning of its unraveling. Although this bill isn't expected to pass in the Senate during President Obama's final days, it provides a glimpse of the fight ahead, under a Trump Administration.
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