Offshore Banking Regulations

John Boehner has often said in the questioning and criticism of his lack of leadership in the House, What are the repugican standards for judging the lower chamber? And he's proudly boasted that his chamber should not be judged on how many bills it's passed, but rather on how many bills it's repealed.
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Try and try as the repugican cabal might, they've tried some 46 or more times to repeal Obamacare. And that's just the tip of the iceberg. They've worked arduously on curtailing the effects of Dodd-Frank and most other financial regulatory issues. These are protections from abuse of the super rich banking institutions on the backs and shoulders of the masses.
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So what's the latest on their agenda? Just look at this, as reported by Reuters:

    (Reuters) - The repugican cabal is expected to approve a resolution this week, calling for repeal of an Obama administration law that is designed to crack down on offshore tax dodging.

    In what would be the party's first appeal to scrap the law - the Foreign Account Tax Compliance Act (FATCA) - a panel was slated to vote at the repugican national cabal's (rnc) winter meetings in Washington, likely approving the resolution on Friday, according to party members driving the repeal effort.

What's this mean? The repugicans want to allow rich individuals and wealthy companies to continue to harbor money in off-shore banks without subjecting these monies to federal taxes.

The repugicans Latest Repeal