On January 28, House Financial Services Committee Chairman Jeb Hensarling issued a statement in which he said, “Fulfilling the Trump Administration’s pledge to dismantle Dodd-Frank this year is essential to leveling the playing field, building a healthy economy and offering every American greater opportunities to achieve financial independence.” The statement also references the Financial CHOICE Act—legislation presented by Republicans on the Financial Services Committee as a proposed Dodd-Frank Act replacement. The statement echoed comments earlier that day from President Trump that Congress should make financial regulatory reform a priority.