House Republicans take aim at Dodd-Frank in budget plan


WASHINGTON (Reuters) - "Republican lawmakers took aim at the Dodd-Frank Wall Street reform law Tuesday, unveiling a plan that would gut regulators' authority to manage the collapse of big banks and give Congress direct control of the U.S. consumer finance bureau's budget.

The effort to repeal parts of Dodd-Frank is part of a broader fiscal 2016 budget plan released by the House of Representatives budget committee that calls for eliminating deficits and also repealing the president's signature Affordable Care Act."

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