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FINANCIAL CHOICE ACT

On April 26, 2017 Representative Hensarling’s Financial Services Committee published the Financial CHOICE Act, HR 10. According to the Executive summary the bill will: End “Too Big to Fail” and Bank Bailouts Demand Wall Street Accountability through enhanced penalties for fraud and deception Demand accountability from financial regulators and devolve power away from Washington Provide for election to be a strongly capitalized, well managed financial institution Unleash opportunities for small businesses, innovators, and job creators […]