Republicans' banking plan leaves Minnesotans vulnerable to predatory lenders - Exodus Lending - Exodus Lending

Republicans’ banking plan leaves Minnesotans vulnerable to predatory lenders

By sara June 12, 2017

Published June 1, 2017 in the City Pages:  This week, the U.S. House of Representatives is expected to vote to roll back Wall Street regulations designed to avoid the kind of economic collapse that happened in 2008. The Financial Choice Act, the GOP’s answer to repealing Dodd-Frank, carries provisions that would once again allow big banks to take greater risks and theoretically free small community outfits from regulations.