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2018年3月6日 星期二

News Alert: Democrats clash on Dodd-Frank rollback bill

 
 
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Democrats clash on Dodd-Frank rollback bill
Democrats are set for a serious fight over banking regulations this week as Republicans bring a bill to the floor that liberals say is a significant rollback of the Wall Street reform bill signed into law by former President Obama.

The battle pits moderate Democrats up for reelection this year in states such as Missouri, West Virginia, North Dakota and Montana against Sen. Elizabeth Warren (D-Mass.) and other progressives, and comes as the party braces for primary fights between the left and center.

The bipartisan measure to roll back critical parts of the Dodd-Frank Act is expected to pass the Senate within days, with the first procedural vote scheduled for Tuesday.
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