US House backs move to repeal post-2008 crisis banking law

The Republican-led US House of Representatives has backed legislation to undo much of former president Barack Obama's landmark banking law created after the 2008 economic crisis.

US House backs move to repeal post-2008 crisis banking law

The Republican-led US House of Representatives has backed legislation to undo much of former president Barack Obama's landmark banking law created after the 2008 economic crisis.

Republicans argue that rules designed to prevent another meltdown are making it harder for community banks to operate and are hampering the economy.

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