Congressman Barney Frank, Ranking Member of the House Financial Services Committee, today released the following statement vowing to fight Republican efforts to substantially weaken provisions of the 2010 Wall Street Reform and Consumer Protection Act.  In his statement, Frank strongly criticizes two bills which would create substantial loopholes in parts of the law dealing with the… Read more »

The House Financial Services Committee will mark up four bills this morning beginning at 10 a.m.    At least one of these bills will draw significant controversy, the “SEC Regulatory Accountability Act” (H.R. 2308) introduced by Congressman Scott Garrett.  The bill would greatly increase requirements on the Security and Exchange Commission to conduct cost-benefit analyses… Read more »