GOP leader calls for Wall St. repeal

Wall Street reform hasn’t officially become law yet, but Minority Leader John Boehner (R-Ohio) is already calling for it to be repealed.


The Senate is set to pass the bill in less than an hour, sending it to President Obama’s desk for a signature. But Boehner told reporters Thursday that, if passed, the legislation should be repealed.

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“I think it ought to be repealed,” Boehner said at his weekly press conference. ”There are commonsense things that you should do to plug the holes in the regulatory system that were there, and to bring more transparency to financial transactions, because transparency is like sunlight. Sunlight is the best disinfectant.”

The Ohio Republican famously compared the legislation to “killing an ant with a nuclear weapon” in a controversial interview last month.

Boehner and GOP leaders have also supported repealing healthcare reform.