#FridayFacts: 10 Reasons the Senate’s #DoddFrankRollBack Bill (#S2155) is Harmful to American Consumers
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9.
#S2155 exempts many banks from a living will mandate, which would outline a plan for a rapid and orderly resolution in the event of a bank’s failure and ensure their failure doesn’t destabilize the financial system.Show this thread -
10. Conclusion:
#S2155 simply repackages harmful provisions from Chairman Hensarling’s#WrongChoiceAct. It must not become law.Show this thread
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