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Browse: Home / 2011 / July / 05 / GOP uses budget, other tools to sap financial law

GOP uses budget, other tools to sap financial law

By Securities Docket on July 5, 2011, 12:07 pm

President Barack Obama’s financial overhaul law is nearly a year old. For congressional Republicans, the fight to weaken it is just starting. Wary of trying to repeal the entire statute and being portrayed as Wall Street’s protectors — banks rank among the country’s least popular institutions — GOP lawmakers are trying to nibble away at the behemoth measure. It’s a crusade they’ve waged all year, despite lacking the White House and Senate control they need to prevail.

Read more: GOP uses budget, other tools to sap financial law — AP

Posted in Industry, Top | Tagged Dodd-Frank, US Congress

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