Republicans to Unveil Plan to Revamp Dodd-Frank – The New York Times

The Republican chairman of the House Financial Services Committee plans to outline on Tuesday a legislative proposal that aims to dismantle significant portions of the Dodd-Frank financial regulatory overhaul.

The plan, whose details will be released in full later this month, has little chance of passing Congress this year. But the proposal by Representative Jeb Hensarling, Republican of Texas, may influence the presidential debate and help shape the Republican agenda in the next term.

via Republicans to Unveil Plan to Revamp Dodd-Frank – The New York Times