Republicans in the U.S. House of Representatives voted on Thursday to replace the 2010 Dodd-Frank Wall Street reform law.
Tax reform can happen without Obamacare repeal first, says the House Financial Services chairman.
Rep. Jeb Hensarling, (R-Texas), talks about the upcoming vote on the Financial Choice Act, a bill that will roll back much of the current financial reforms. The big banks have gotten bigger after Dodd-Frank, says Rep. Hensarling.
Republicans will vote on legislation to gut Dodd-Frank and replace it with their own version. Here's a look at the background of the legislation and the GOP plan.
House Republicans had planned to repeal the Durbin amendment, a measure opposed by banks but supported by merchants.
Rep. Jeb Hensarling has signaled that the future of the Durbin Amendment is unclear, but he wouldn't commit to removing it himself.
Republicans who want take a heavy knife to many of the regulatory requirements for financial institutions will finally get their chance today.
Many of the federal regulations troubling smaller banks come from separate anti-laundering legislation, Barney Frank says.
Instead of a director who can be fired, industry groups have called for a bipartisan five-member commission to lead the CFPB.
A panel of judges will decide whether the Consumer Financial Protection Bureau is constitutional, throwing a lifeline to the agency.
The Consumer Financial Protection Bureau is a "rogue agency" that wields too much power, Rep. Jeb Hensarling says.
The group Fed Up has a new target: Republicans who want to curtail the central bank's power.
Rep. Jeb Hensarling's memo, obtained by CNBC, listed among other things a commitment to "remove remaining nonbank SIFI references."
Critics are laying groundwork for dramatic changes to the institution at the heart of President Obama's overhaul of the financial system.
Hensarling, chairman of the House Financial Services Committee, said in general he prefers tax reform to more taxes.
On Twitter, Trump threatens Toyota with a large border tax if it builds a new plant outside the U.S.
Brady said that Americans and House Republicans are keeping an eye on whoever Trump picks for the role.
Representative Jeb Hensarling also tells CNBC he has not sought the treasury secretary job and does not anticipate an offer.
If the call came, I wouldn't block the call, we'd have the conversation, says Rep. Jeb Hensarling, (R-Texas), discussing whether he'd consider the position of Treasury Secretary if President-elect Trump offered it to him.
U.S. Treasury Secretary Jack Lew said it's important to protect consumers and the financial system.