The new slate of House Republicans picked to preside over financial services staked out an ambitious set of policy goals Thursday, saying they intend to downsize or dismantle the government mandates supported by their Democratic predecessors.

Out of the gate, the new subcommittee chairs for the Financial Services Committee said reining in the government-sponsored enterprises and revamping portions of the Dodd-Frank Act — including creation of the Consumer Financial Protection Bureau — were top priorities.

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