U.S. Approves $6.8 Trillion in Pension Funds for Cleared Swaps

U.S. Approves $6.8 Trillion in Pension Funds for Cleared Swaps

Chip Somodevilla/Pool via Bloomberg

President Barack Obama, left, points to Senator Christopher Dodd, chairman of the Senate Banking Committee, center, and Representative Barney Frank, chairman of the House Financial Services Committee, during a signing ceremony for the Dodd-Frank Wall Street Reform and Consumer Protection Act in this July 21, 2010 file photo.