Senators grill Janet Yellen on Republican plans to neuter Dodd-Frank Act

Asked about Donald Trump's claim that the financial regulation meant businesses could not borrow, the Fed chair said growth in lending was robust

Dueling senators turned the Federal Reserve chairwoman's first testimony before Congress since the election of Donald Trump into a row over Republican plans to defang Dodd-Frank, the financial regulation brought in after the Great Recession.

Senator Elizabeth Warren, the Democrat emerging as Trump's leading critic, quizzed Janet Yellen on Trump's claims that Dodd-Frank was a "disaster" and on his plans to dismantle it.

Related: Trump orders Dodd-Frank review in effort to roll back financial regulation

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