Republicans Move To Repeal Dodd-Frank

Sen. Jim DeMint (R-S.C.) has introduced the Financial Takeover Repeal Act of 2011 to repeal the Dodd-Frank Act.

Sen. Jim DeMint (R-S.C.) has introduced the Financial Takeover Repeal Act of 2011 to repeal the Dodd-Frank Act. Co-sponsored by 18 Republican senators, the measure aims to nullify Dodd-Frank, which DeMint said in a statement will force “banks to charge consumers higher fees and institutionalizing ‘too big to fail’ policies that favor Wall Street companies over small businesses.”

Click here to read the release from the Office of Jim DeMint