Articles About 112th Congress
- Author:
- James I. Clark III
- Posted:
- 01.20.2011
Republicans May Underfund Dodd-Frank Implementation
President Barack Obama’s crackdown on Wall Street excesses could be hampered if the incoming Republican-controlled Congress refuses to fund two crucial regulatory agencies. The Dodd-Frank financial reform law – passed with heavy Democratic support – promised a generous budget to regulate the $600 trillion over-the-counter derivatives market. Now, the law’s implementation may be derailed by […]