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Summary of S. 2155 - Bank Deregulation Bill that Rolls Back Dodd-Frank Protections for Consumers and Economic Stability

February 8, 2018
Mortgage Lending

S. 2155 would re-expose consumers to reckless and abusive financial practices, including many that contributed to the last recession and foreclosure crisis. The bill weakens crucial consumer protections, including the Consumer Financial Protection Bureau’s Qualified Mortgage (QM) rule and Ability-to-Repay standard. The bill would also let Wall Street greed once again threaten to bring down the U.S. economy.

Download the two-page factsheet.