House Spending Bill Takes Aim At The CFPB, Volcker Rule

Law360, New York (June 28, 2017, 5:29 PM EDT) -- A spending bill introduced in the U.S. House of Representatives Wednesday would significantly weaken the Consumer Financial Protection Bureau and repeal the Volcker Rule among other Republican policy objectives.

The House Appropriations Committee released its fiscal 2018 financial services bill and included a host of riders that were included in a major rewrite of the Dodd-Frank Act that were included in a bill that functionally repealed and replaced it that passed out of the House earlier this month.

Among the changes included in the appropriations bill...
To view the full article, register now.