House rejects bid to ease bank regulations

[FUZO]

TweetThe House Tuesday rejected legislation altering a key provision of the 2010 Dodd-Frank overhaul of financial services regulations that would give U.S. banks another two years — to 2019 — to ensure that their holdings of certain complex and risky securities don't put them afoul of a new banking regulation.

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[biggio]

TweetThank goodness, when they had less regulations the Great Recession occurred.