Wednesday, May 23, 2018

U.S. House votes to ease post-crisis bank rules in victory for Trump

By Pete Schroeder WASHINGTON (Reuters) - The U.S. House of Representatives passed on Tuesday bipartisan legislation that would ease bank rules introduced in the wake of the 2007-2009 financial crisis, giving President Donald Trump a major legislative victory. Tuesday's vote rolls back some of the 2010 Dodd-Frank rules that restricted operations by smaller banks and community lenders and keeps the Republican president's campaign promise to try to spur more economic growth by cutting regulation.

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