Bill to Replace Dodd-Frank, Kill DOL Fiduciary Rule Passes House Panel

After three days of raucous debate, the Financial Choice of 2017, the Republican bill to replace Dodd-Frank, passed the House Financial Services Committee by a 34-26 vote Thursday. Heated debate ensued over the three-day markup, with Democrats vehemently opposing provisions of the bill that gut the Consumer Financial Protection Bureau, kill the Volcker rule, and repeal…