WASHINGTON — Sen. Richard Shelby, R-Ala., a senior member on the Senate Banking Committee, has introduced two bills aimed at fixing technical errors in the Dodd-Frank reform law and requiring regulators to complete rigorous economic analysis when crafting new rules.

The first bill corrects a number of "drafting errors" in the Dodd-Frank law, which spans over 2,000 pages, with a focus on "purely on technical corrections of non-substantive inaccuracies and omissions in the statute," according to a press release on Tuesday.

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