Republicans in Congress set to push Dodd-Frank fixes
With Republicans now in control of both houses of the US Congress, energy firms and other derivatives end-users are hoping for new legislation to ease some of the more troublesome aspects of the US Dodd-Frank Act. Their optimism is justified - up to a point
When US President Barack Obama addressed Congress on January 20, he wasn’t in a very compromising mood on financial regulation. “We can’t put the security of families at risk by taking away their health insurance or unravelling the new rules on Wall Street,” he insisted.
Obama was delivering his annual State of the Union address, the first since Republicans seized control of the US Senate and strengthened their majority in the US House of Representatives in the November 2014 midterm elections
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