Congress has voted to strike out aspects of the Dodd-Frank Act of 2010, highlighting how Republicans seek to remove rules they say are stifling financial markets and business.

Legislators have voted to remove several financial regulations in the sweeping Dodd-Frank Act signed into law in 2010, highlighting how Republicans in Congress have started to make good on promises to unravel what they say are damaging rules, the New York Times and other media reported.

Congressmen and women voted 233 to 186 for the Financial Choice Act. The passing of the bill has already drawn fire from Democrats who say investors are being put at risk and that the measure is a handout to Wall Street firms.

The report said the House vote came before a Treasury Department report due in the coming days that will detail the Trump administration’s plans for easing financial regulations. And a lighter regulatory touch is already expected, it said.

The Choice Act would, if signed into law, exempt some financial institutions that meet capital and liquidity requirements from many of Dodd-Frank’s restrictions that limit risk taking. It would also replace Dodd-Frank’s method of dealing with large and failing financial institutions, known as the orderly liquidation authority - which critics say reinforces the idea that some banks are too big to fail - with a new bankruptcy code provision.

The bill would also get rid of the Department of Labor Department’s Fiduciary Rule, taking effect this month and which had already seen its rollout delayed by the election of Trump in November.