U.S. Treasury Department in Washington. (Diego M. Radzinschi /ALM Media)
New leadership creates new opportunities. And this Fall, after more than seven years of criticism, Republicans look poised to begin revising some of the financial rules imposed by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank). Sen. Mike Crapo, the new chairman of the Senate Banking Committee, has said that reducing federal financial regulations is his committee’s top priority and that the U.S. Treasury Department’s review of financial rules, a directive from President Trump, gives the issue momentum. His committee is set to confirm nominees who will have the opportunity to implement these changes.
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