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US House of Representatives passes Dodd-Frank Reform minus interchange reform

Temenos shifts focus from US community banks to large FIs

The Financial Choice Act of 2017, legislation to overhaul the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, has been approved by the US House of Representatives. The legislation focuses on ending big-bank bailouts and supporters say it provides more accountability for Washington and Wall Street, while removing barriers to economic growth.

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