An attempt to revise the Dodd-Frank Act reaches a milestone
In the Senate, the process of revising the Dodd-Frank Act grinds on
AFTER 25 hearings, thousands of pages of comments and many unworkable bipartisan working groups, America’s Senate has finally produced a possible consensus bill to tweak the Dodd-Frank Act, the vast swathe of banking regulation passed soon after the 2008-09 financial crisis. On March 6th, in a technical move that counts as significant progress in Washington’s creaky bureaucracy, 16 Democrats and one independent joined Republicans in voting to allow several hours of debate before passing the bill on to the Senate leadership.
This article appeared in the Finance & economics section of the print edition under the headline “Small change”
Finance & economics March 10th 2018
- Investment by women, and in them, is growing
- An attempt to revise the Dodd-Frank Act reaches a milestone
- Active fund managers hold fewer and fewer stocks
- Mining data on cab rides to show how business information flows
- Markets fret about America’s turn toward protectionism
- How digitisation is paying for DBS
- Will China’s Belt and Road Initiative outdo the Marshall Plan?
From the March 10th 2018 edition
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