Next stage of GOP’s Dodd-Frank grief: Acceptance
By Neil Haggerty
With the recent focus by House lawmakers on bills to help small businesses build capital, they appear to be putting aside their angst over the Dodd-Frank Act, at least temporarily. House Financial Services Committee Chairman Jeb Hensarling, R-Texas, has been preparing a package of bipartisan bills aimed at reforming securities rules to aid investors, mergers and acquisitions and other types of capital formation. …“The whole ‘We are replacing and repealing Dodd-Frank’ is clearly over,” said Karen Shaw Petrou, managing partner at Federal Financial Analytics. “It was rhetorical at best but it’s over for now.”