Congress is considering a bill called the “Financial CHOICE Act,” (H.R. 10), a dreadful proposal that promises to threaten Americans’ economic security, reminiscent of the destruction caused by the 2008 financial crisis. The bill is sponsored by U.S. House Financial Services Committee Chairman Jeb Hensarling of Texas. He claims that the bill would be good for the country. READ a little about him and we won’t blame you if you end up questioning his motives for introducing a massive gift to Wall Street.
Whatever his intention, Hensarling is dangerously wrong. The bill is the wrong choice for American consumers and investors. READ MORE.