Republican plan would ease Wall Street rules, as party embraces deregulation

The Republican chairman of a key House of Representatives committee has laid out his plan to roll back Wall Street rules and consumer protections conceived after the 2008 financial crisis, a step that will largely define the financial deregulation debate in the Trump era. Jeb Hensarling, chairman of the Financial Services Committee, outlined his legislation to clear away many rules bankers say have hobbled investment and economic growth in a staff memo seen by Reuters on Thursday. The plan comes