Plan B for Trump’s ‘Big Number’ on Dodd-Frank Bypasses Democrats
- Republicans consider how to kill parts of 2010 financial law
- Budget process in Senate would allow simple majority vote
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Donald Trump faces a major hurdle in fulfilling his pledge to do a “big number” on the Dodd-Frank Act: persuading enough Democrats to go along.
That’s why Republican lawmakers say they are considering a backup plan for dismantling parts of the financial-rules overhaul that wouldn’t require support from a single Democrat.