Commentary: Officials struggle to subdue Dodd-Frank critics

03/29/2012 | Politico (Washington, D.C.)

Columnist Josh Boak argues that the Obama administration's efforts to extend an olive branch to the U.S. Chamber of Commerce regarding the Dodd-Frank Act have fallen flat. Gary Gensler, chairman of the Commodity Futures Trading Commission, Richard Cordray, director of the Consumer Financial Protection Bureau, and other officials appeared at the chamber summit to discuss the capital markets. Participants scrutinized the proposed Volcker rule, efforts to supervise "too big to fail" financial institutions and other measures. Lawsuits challenging the Dodd-Frank Act are likely, Boak writes.

View Full Article in:

Politico (Washington, D.C.)

Published in Brief: