The first targeted legislative challenges to 2010'2 Dodd-Frank financial regulation reforms are emerging in the Congress, with nine senators introducing a bipartisan bill on Tuesday to delay a proposed cap on debit card interchange fees.
Congressional Republicans on Wednesday will stage their first outright challenge to 2010's Dodd-Frank financial regulation reforms with a fistful of bills favoring private equity firms, derivatives end-users and corporate CEOs.
The "Volcker rule" aimed at curbing risky bank trading and new limits on the derivatives market are being targeted for review by Republicans on a key U.S. House Committee, according to a draft oversight plan.
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