Hensarling plans to bring the bill in a committee session by the end of April, where it would almost certainly pass and then go to the full House, where passage also looks almost inevitable barring a public firestorm against it like the one that helped sink TrumpCare.

The legislation, however, could face a major roadblock in the Senate, where Banking Committee Chair Mike Crapo, also a Republican, has laid out a roadmap that differs from Hensarling's.

While Hensarling’s approach has been damn the torpedoes (replace the word “torpedoes” with “Democrats”) in reworking Dodd-Frank, Crapo has insisted he will move forward with legislation that can get support from both parties.
 

First « 1 2 » Next