• SENSEX
    NIFTY 50
Economy

US Congress passes bill favouring the roll back of Dodd-Frank regulations

Updated : May 23, 2018 05:16 PM IST

The Republican-led legislation garnered 33 votes from House Democrats.
Supporters of the bill say Dodd-Frank was too blunt an instrument in response to the financial crisis.
Backers of the legislation note that the Federal Reserve still will have the authority to apply tougher standards for banks.
US Congress passes bill favouring the roll back of Dodd-Frank regulations
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV