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House passes Wagner proposal in GOP push to cut banking, investment rules

January 12, 2017

The House on Thursday passed a bill by Rep. Ann Wagner, R-Ballwin, that would constrain Wall Street regulators from setting new rules before identifying specific goals and undertaking a cost-benefit analysis. It would also require regulators to routinely review whether rules are functioning as intended — and, if not, nix them.

Read the full story at the St. Louis Post-Dispatch:

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