The House will vote in coming days on a wide ranging GOP plan to repeal and change a series of financial reforms approved by Congress in the aftermath of the 2008 Wall Street collapse, as Republicans argue the changes will remove excessive regulations and allow new financial growth in the United States.
The reforms include major financial changes, like ending the Volcker Rule, which placed limits on investments that financial institutions can make; the plan would also end any taxpayer bailouts of banks and other financial companies which have been deemed 'too big to fail.'
Critics of the plan say it is mainly an effort to undermine the Consumer Financial Protection Bureau approved by President Obama, and limit its ability to rein in anti-consumer financial practices.
No matter where you stand, the GOP bill - dubbed the "Financial Choice Act" - is one of the more complicated pieces of legislation to come before the Congress in recent years:
+ The bill itself weighs in at 580 pages.
+ The section by section summary of the bill is 28 pages.
Knowing full well that most of my readers - and pretty much every member of Congress - won't read this bill in its entirety, here are some highlights that might not make the headlines:
Since I know that very few people reading this right now will take the time to read the summary, the bill and the report - I will print the table of contents of the bill.
Just scrolling through this will give you a pretty good feel as to the scope of the GOP plan. Remember - reading the bill isn't enough.