Obama Vows Fight Over Republican Efforts to Weaken Dodd-Frank
This article is for subscribers only.
President Barack Obama said he would push back against Republican attempts to alter the Dodd-Frank regulatory overhaul, in particular the Consumer Financial Protection Bureau.
“I will fight any efforts to repeal or undermine the important changes that we passed,” Obama said today in remarks at the White House after nominating former Ohio Attorney General Richard Cordray to be the agency’s first director. “We are going to stand up this bureau and make sure it is doing the right thing for middle-class families.”