House Financial Services Chair Hensarling Plans Aggressive Rollback of Dodd‑Frank Amid New Administration

Summary

House Financial Services Chair Hensarling Plans Aggressive Rollback of Dodd‑Frank Amid New Administration The passage outlines concrete legislative intentions (re‑introduction of the CHOICE Act, FORM Act, and potential Wells Fargo breakup legislation) and identifies specific actors (Rep. Hensarling, VP‑elect Mike Pence, Senators Crapo, Brown, and Waters). While the information is largely public‑record political positioning, it provides actionable leads on upcoming bills, regulatory oversight priorities, and possible coordination between the House, Senate, and White House that investigators could track for changes to financial regulation and related lobbying activity. Key insights: Hensarling’s friendship with Vice President‑elect Mike Pence could facilitate coordinated deregulation efforts.; Plans to re‑introduce the CHOICE Act (Dodd‑Frank repeal) and the FORM Act (Fed reforms).; Potential use of the Wells Fargo account‑creation scandal to push for CFPB and OCC scrutiny, and a bill to break up Wells Fargo.