Morning Scan: Caution Signs Ahead for Rollback of Bank Regs; U.K. Ba...

Wall Street Journal

Dark clouds are hovering over the effort to amend Dodd-Frank and other bank regulations, in some measure because the new GOP leadership on Capitol Hill is trying to make changes beyond what banks have asked for. At a recent meeting at a Washington hotel, according to anonymous sources, Sen. Richard Shelby, R-Ala., reiterated his stance that he wants to axe the Consumer Financial Protection Bureau's independent funding stream; and Rep. Jeb Hensarling, R-Texas,...