President Trump Signs Dodd-Frank Rollback Bill Into Law

24 May 2018 9:09 AM | Edie Tella (Administrator)

President Donald Trump signed the biggest rollback of bank regulations since the global financial crisis into law Thursday.

The measure designed to ease rules on all but the largest banks passed both chambers of Congress with bipartisan support . Backers say the legislation will lift burdens unnecessarily put on small and medium-sized lenders by the Dodd-Frank financial reform act and boost economic growth. 

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