The latest budget blueprint from Rep. Paul Ryan (R-Wis.) again targets several main pieces of the Dodd-Frank financial reform law.

“The proposal from the House Budget Committee chairman would repeal a top provision of the law. Proponents say the tool, which gives the Federal Deposit Insurance Corporation the power to step in and wind down a failing financial firm, bars future bailouts. But Ryan and Dodd-Frank skeptics say it does just the opposite, saying the law “only sustains them.”

“Ryan’s plan also would bring the budget of the Consumer Financial Protection Bureau (CFPB), a longtime GOP target, under the control of congressional appropriators.
The GOP fiscal roadmap has little to no chance of becoming law, as is the case with the president’s budget proposal. But Ryan’s plan shows that nearly four years after its enactment, Dodd-Frank remains a potent target for Republican critics.

“Ryan’s budget repeatedly cites the financial overhaul as an example of costly and ineffective measures pushed by the president, alongside ObamaCare and the stimulus package. Although conservatives have not tried to repeal the financial reform law outright, they have repeatedly targeted several provisions of it.”

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Read full The Hill article here.