On ‘Radio Times’: Dodd-Frank overhaul remains ‘trickier’ for Senate Republicans

Earlier on Radio Times, Mary Cummings-Jordan talked with Renae Merle, Wall Street reporter for The Washington Post about the measures to overhaul the Dodd-Frank Act.

After the financial crisis of 2008, the Dodd-Frank Act was enacted to prevent another recession. The legislation increased protections for consumers and overhauled regulations for the banking industry.

Republicans did not support the measure and claimed it would stifle economic growth and burden consumers. Last week, the House passed the Financial Choice Act which would roll back many of the Dodd-Frank regulations.

Earlier on Radio Times, Mary Cummings-Jordan talked with Renae Merle, Wall Street reporter for The Washington Post about the measures to overhaul the Dodd-Frank Act.

@SenWarren is making Dodd-Frank overhaul “trickier” for Republicans in the Senate. @renaemerle of @washingtonpost says why. pic.twitter.com/V0khtE3iKI

— Radio Times (@whyyradiotimes) June 13, 2017

“The Senate is a trickier place for Republicans because they need Democractics to come on board,” Merle said. “They have one big obstacle, Senator Elizabeth Warren.”

Listen to the full conversation on Radio Times.