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NYS Comptroller

THOMAS P. DiNAPOLI

News

From the Office of the New York State Comptroller

Thomas P. DiNapoli

April 26, 2017, Contact: Press Office (518) 474-4015

DiNapoli: Dangerous Dodd-Frank Roll Back Plan Threatens Consumers, Markets and Investors


New York State Comptroller Thomas P. DiNapoli today wrote to members of the House Financial Services Committee, including Chairman Rep. Jeb Hensarling and members of the New York Congressional delegation, to express his strong opposition to the Financial CHOICE Act, which was the subject of a committee hearing.

“The authors must have hoped Americans have amnesia and have forgotten the financial crisis that caused the Great Recession when they crafted this plan, which would gut consumer protections against high-risk loans, weaken corporate accountability and sow the seeds for economic instability,” DiNapoli said.

Read DiNapoli’s letter to members of Congress, or go to: http://www.osc.state.ny.us/press/releases/apr17/choice-act-letter.pdf


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