Financial CHOICE Act of 2017: What does the future hold for consumers and entrepreneurs?

rayburn hob

On Wednesday, the Financial Services Committee (FSC) held the “A Legislative Proposal to Create Hope and Opportunity for Investors, Consumers, and Entrepreneurs” hearing on the Financial CHOICE Act of 2017. The bill’s objective is stated in its discussion draft as, “To create hope and opportunity for investors, consumers, and entrepreneurs by ending bailouts and Too Big to Fail, holding Washington and Wall Street accountable, eliminating red tape to increase access to capital and credit, and repealing the provisions of the Dodd-Frank Act that make America less prosperous, less stable, and less free, and for other purposes.”

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