What is the main goal of the Financial Choice Act as discussed in the first section?
Rob Nichols Does Not Expect Full Repeal of Dodd-Frank

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To completely repeal the Dodd-Frank Act
To improve the efficiency of banks in serving their customers
To increase taxes on financial institutions
To nationalize community banks
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to Representative Maxine Waters, what is the role of big banks in relation to community banks?
Big banks support community banks financially
Big banks are merging with community banks
Big banks control the policy agenda of community banks
Big banks have no influence over community banks
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the speaker respond to the claim that big banks have overtaken the policy agenda of community banks?
The speaker dismisses it as inaccurate
The speaker agrees with the claim
The speaker proposes new regulations
The speaker suggests further investigation
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main concerns regarding community banks mentioned in the third section?
Community banks are expanding too quickly
Community banks are receiving too much government support
Community banks are overtaking big banks
Community banks are consolidating due to regulatory pressures
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is there a call for deregulatory policies despite economic growth since Dodd-Frank?
To reduce taxes on financial institutions
To encourage more mergers between banks
To further increase the profits of big banks
To support community banks that are struggling with regulations
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