House Republicans Look To Push Lower Capital Standards For Banks In Through The Back Door

By Pat Garofalo on Jul 11, 2011 at 6:45 pm

Congressional Republicans have been doing their best to undermine the Dodd-Frank financial reform law. They’ve tried to gut the budgets of the regulators charged with implementing the law, push back the date for when certain provisions take effect, and obstructed nominees for key regulatory positions. And legislation examined by House Republicans on Friday, if enacted into law, would be one more volley in this assault.