Schumer Says He Can Block Trump’s Efforts to Repeal Dodd-Frank
- Incoming Senate minority leader vows ‘tooth and nail’ fight
- Schumer predicts Trump would also lose on Obamacare rollback
The Future of Banks and Dodd-Frank Under Trump
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Incoming Senate Minority Leader Chuck Schumer, drawing a line in the sand for the next administration, said he has the votes to stop President-elect Donald Trump from repealing the Dodd-Frank Act and “the rules we put in place to limit Wall Street.”
Schumer predicted that the Senate’s Democratic minority would get help from Republicans in any such fight. “We have 60 votes to block him,” Schumer said in an interview on NBC’s “Meet the Press.”