8/2/2011

Rep. Barney Frank, D-Mass., argues that congressional opponents of the Dodd-Frank Act are quietly attacking it piecemeal rather than repealing the law as a whole, partly because it is popular with the public. For example, Mr. Frank notes that Senate Republicans have vowed to block any nominee to head the Consumer Financial Protection Bureau unless the agency's structure is significantly altered and its authority is weakened. "But those of us who fought to adopt the law are determined to keep them from succeeding," Mr. Frank wrote.

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