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Expert Analysis

A Closer Look At Financial CHOICE Act 2.0

By Rodgin Cohen, Andrew Gerlach, Samuel Woodall and Jordan Wish, Sullivan & Cromwell LLP ( April 24, 2017, 6:30 PM EDT) -- On April 19, 2017, House Financial Services Committee Chairman Jeb Hensarling, R-Texas, released a modified version of the financial regulatory reform legislation that he introduced in the last Congress. The revised discussion draft, dubbed "CHOICE Act 2.0," builds on and retains key features of the original CHOICE Act adopted in the committee last year, including its targeted approach of amending, repealing or replacing individual provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act, rather than repealing it altogether....

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