The Lincoln assassination, pt II: who pulled the trigger?
The ink on the Dodd-Frank Act was barely dry before politicians began trying to strip the controversial swaps push-out from the statute book. In the conclusion of this two-part investigation, we look at how Congress spent four years attempting to kill the Lincoln amendment, before finally succeeding
Fittingly for a clause that went from private crusade to public cause célèbre – largely on the back of widespread misconceptions – the sort-of-repeal of the Dodd-Frank Act's swaps push-out rule in December last year unleashed a flurry of paradoxical comment and coverage. Time said the rule was one of the act's "vital organs", while Vox described it as "tangential to its main aims"; The New York Times argued its impact "was always going to be slight", while a Reuters blog argued politicians were
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