GOP lawmakers ask deficit panel to overhaul Dodd-Frank

10/17/2011 | Bloomberg Businessweek

Twenty-one Republican lawmakers, led by House Financial Services Committee Chairman Spencer Bachus, sent a letter asking the Joint Select Committee on Deficit Reduction to overhaul the Dodd-Frank Act, calling the law "the most significant impediment to economic growth." Lawmakers are making final recommendations to the deficit panel, which needs to identify $1.5 trillion in deficit reduction by Nov. 23 or face automatic spending cuts.

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