4 of 1 In new Congress, Wall St. pushes to undermine Dodd-Frank reform



Obama signed the Dodd-Frank act into law in 2010. The continuing assault on the Dodd-Frank law has achieved some success, especially compared to opponents of the Affordable Care Act 2010. In the last month, the nations biggest banks and investment firms have twice won passage of measures to weaken regulations that are intended to help lessen the risk of another financial crisis. The current efforts to undermine Dodd-Frank have been textbook lobbying.