(Bloomberg) — Updated 6/8/17, 4:45 p.m. EDT – House Republicans made headway on President Donald Trump's pledge to dismantle post-crisis financial rules by approving a sweeping bill Thursday that rips up major aspects of the Dodd-Frank Act.
House lawmakers approved the legislation in a 233-to-186 vote. But the bill — called the Financial Choice Act — has little chance of passing the Senate in its current form.
But the legislation — called the Financial Choice Act — has little chance of winning Senate approval in its current form.
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