financial regulation

WSHU

About a dozen Long Islanders protested outside the offices of Republican Representatives Peter King and Lee Zeldin for their support of President Trump’s Financial CHOICE Act.

thenails / Creative Commons

Congressional Republicans have released a draft of their plan to replace Dodd-Frank, which was passed in order to fix abuses in the financial system.

Pablo Martinez Monsivais / AP

Republicans in Congress plan to roll back parts of Dodd-Frank, the legislation Congress passed after the financial crisis. They say doing so would ease regulatory burdens on small banks. But the plan also eases rules on big banks — the ones that caused the financial crisis.

Mary Altaffer / AP

Republicans in Congress are taking their first steps to dismantle Dodd-Frank, the recession-era financial reform law, as the U.S. House of Representatives is expected to vote Wednesday to allow public companies to secretly pay foreign governments for mineral rights.

Richard Drew / AP

New York regulators fined errant banks a total of $650 million in 2016, but that number could increase in the new year when new rules take effect.

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