This week, Committee Democrats led a Minority Day Hearing on the many problems with Chairman Hensarling’s Wrong Choice Act, a bill that would repeal the most important aspects of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and put America on the road to another financial crisis. The hearing, which featured testimony from Senator Elizabeth Warren and other experts and community advocates, comes amid a wave of opposition to the bill.
To date, over 130 groups have submitted letters opposing all or part of Chairman Hensarling’s Wrong Choice Act 2.0 ahead of the Committee markup of the bill on Tuesday, May 2, 2017.