June 8, 2017 11:00 AM
Vote on Financial Choice Act Today
Government regulations have long hamstrung small and mid-size business from growing, becoming more successful and creating good paying jobs. Today the US House of Representatives will vote on the Financial Choice Act which essentially repeals the onerous regulations created by the Dodd-Frank legislation.
9th District Congressman Doug Collins provided an overview of this legislation before the vote later in today.
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Next up on the block, repeal of the fiduciary rule that requires financial advisors put their clients best interests over their own when dealing with retirement accounts.
If you want an example of why Republicans advocating privatization of social security can’t be trusted farther than you can throw ’em, this is it.
Unlike repeal of Glass-Steagall that had Democratic support, the GOP owns this lock stock and barrel. No worries for Republican pols though, the base can’t remember what happened a few months ago so the won’t remember what happened a few years ago.