Morning Scan: Clashes Over Dodd-Frank Change in Budget Bill; Lending...
12/11/14
Receiving Wide Coverage ... Through the Back Door: Democrats are pushing back against the GOP's effort to repeal a Dodd-Frank derivatives rule by slipping the change into the government spending bill slated for a vote today. Analysis in the New York Times and Wall Street Journal suggests that getting rid of the rule would be a bad idea Â-- but not for the obvious reasons. The provision obliges banks to move a small percentage of derivativesÂ...
[more]- Feeds Categories:
