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Stock impact report

5 things to know about bill rolling back Dodd-Frank [CBS News]

Solidion Technology, Inc. (STI) 
Last solidion technology, inc. earnings: 10/17 06:00 am Check Earnings Report
Company Research Source: CBS News
President Donald Trump tweeted Wednesday that he'll soon sign big legislation that rolls back part of Dodd-Frank, the Obama-era financial reform law passed following the 2008 housing crash. Early in his presidency, Mr. Trump had vowed to do a big number on Dodd-Frank, a goal supported by many Republicans and the financial industry, which claims the regulations are onerous and burdensome.  Big legislation will be signed by me shortly. After many years, RIGHT TO TRY and big changes to DODD FRANK. — Donald J. Trump (@realDonaldTrump) May 23, 2018 While the bill -- called the Economic Growth, Regulatory Relief and Consumer Protection Act -- received overwhelming backing from Republican lawmakers, it also drew support from some Democrats, making it a rare bipartisan effort. On Tuesday, the House voted 258-159 in favor of the bill, with 33 Democrats voting in favor.  The bill, which President Trump is expected to sign within days, raises the threshold at which banks are Show less Read more
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