Hensarling Offers Long Overdue Reforms to Dodd-Frank

For years Washington has operated under the delusion that government mismanagement played no part in the financial crisis. Convinced that “greedy” Wall Street banks were entirely to blame, the then-Democratic controlled Congress rushed through the massive Dodd-Frank Wall Street Reform and Consumer Protection Act by a largely party-line vote. Their efforts have since proven to be not only ineffective, but economically destructive. Thankfully, Congress now has available a suitable remedy in House Financial Services Chairman Jeb Hensarling’s Financial Choice Act.

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