1. Congress approves easing some Dodd-Frank rules
The House voted Tuesday 258-159 to roll back Dodd-Frank rules for midsize and regional banks put in place after the 2008 financial crisis. The bill, already passed by the Senate, lets banks with up to $250 billion in assets avoid supervision from the Fed and stress tests. Under Dodd-Frank, banks with at least $50 billion in assets had to abide by tougher financial rules. Republican lawmakers say easing the regulations will make it easier for small banks and credit unions to lend more money to people. Some Democrats warned the bill also assists some large regional banks that failed during the financial crisis. The bill does not affect the biggest banks, like Bank of America and Wells Fargo.
2. 10 McDonald's workers file sexual harassment complaints
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3. Lowe's poaches J.C. Penney CEO Marvin Ellison
4. U.S. stock futures fall as trade concerns resurface
5. Target shares drop as profit misses expectations despite strong sales
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