GOP Rep. Reveals Updated Version Of Dodd-Frank Rewrite

Law360, New York (April 19, 2017, 5:42 PM EDT) -- The long-awaited Republican rewrite of the 2010 Dodd-Frank Act will get its official unveiling at an April 26 House Financial Services Committee hearing, the committee’s chairman announced Wednesday as he released a discussion draft of the bill.

The legislation, known as the Financial CHOICE Act of 2017, is an update of similar legislation passed by the committee last year. However, the updated version of the bill, frequently called CHOICE Act 2.0, makes some significant changes in its efforts to weaken the Consumer Financial Protection Bureau and...
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