Democrats protect watchdog set up in Dodd-Frank

Washington • Democratic lawmakers will attempt to protect the independence of a consumer watchdog unit as Republicans move forward with an overhaul of the nation’s financial regulatory laws. House Republicans are working to undo much of the 2010 Dodd-Frank law that put the stiffest restrictions on banks and Wall Street since the 1930s Depression. On display throughout the debate Tuesday were two mindsets. Republicans argued that the law known as Dodd-Frank that passed under President Barack Obam...

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