WASHINGTON — On the one-year anniversary of the Dodd-Frank Act, Democratic lawmakers and key financial regulators called on Congress to resist Republican efforts to cut funding to implement and enforce the law's sweeping new regulations.
Referring to proposals by House GOP, Democratic Rep. Barney Frank told the Senate Banking Committee on Thursday that even if the financial industry would prefer to have fewer regulations, it does not help them if the regulators lack the resources to provide industry players with clarity about what the law requires.
Register or login for access to this item and much more
All Bank Investment Consultant content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access