The development is a consequence of last year's Dodd-Frank law that included a cap on merchant debit-card fees, known as interchange.
They get to enjoy the burdens of the massive and mostly-beside-the-point Dodd-Frank law and the beefed-up and also mostly-beside-the-point Basil III rules.
The overdraft decision came just months before the Dodd-Frank law halved what financial institutions could charge merchants for accepting credit and debit cards.
This is important because, thanks to the 2010 Dodd-Frank law, it is now the job of the Treasury secretary to spot financial icebergs.
The real hiring binge for the swarms of bureaucrats needed to implement the Dodd-Frank law and the health care law has barely begun.
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Business groups and Republicans have attacked the rules as onerous but the administration has so far defended the Dodd-Frank law and continued to call for swift implementation.
As you travel the country, you also take credit for tightening regulations on Wall Street through the Dodd-Frank law, and about your efforts to combat income inequality.
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In December, the Federal Reserve proposed as part of an overhaul mandated by the Dodd-Frank law capping debt-transaction fees for large banks at 12 cents, down from an average of 44 cents.
He is also a polarizing figure, drawing opposition from Republicans across the country because of his role in writing the Dodd-Frank law and his pre-crisis support for government housing agencies Fannie Mae and Freddie Mac.
The same could be said of the Dodd-Frank law, which gives new and expanded federal bureaucracies vast, new discretionary power with which to control the financial services industry and any other company they deem a systemic risk.
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Of the many bad consequences of the TARP (bank bailout) scheme of 2008 and subsequent passage of the Dodd-Frank law (2010), one was the set of invasive new regulatory restrictions on executive pay, dividend-paying, and capital adequacy at U.S. banks.
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It asked whether respondents would report wrongdoing if they were protected by the provisions of the Dodd-Frank whistleblower law.
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But the commission, which was given that authority as part of the 2010 Dodd-Frank banking law, has tried to clamp down.
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Ten months since President Barack Obama signed Dodd-Frank into law, regulators have missed all 26 deadlines supposed to be met by April.
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The Dodd-Frank financial law broadened the rules instituted in the 2002 Sarbanes-Oxley Act, which gave companies the power to recoup pay from top executives after a financial restatement or certain misconduct.
The Dodd-Frank financial law runs a brisk 2, 300 pages.
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The most economically damaging source of regulatory constraint is in finance, thanks not just to the Dodd-Frank financial law (which many Republicans want to repeal) but a panoply of state, federal and global actions.
The solution that Congress adopted for credit-rating agencies in the Dodd-Frank financial reform law has two elements.
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So it omits, for example, some 259 rules mandated by the Dodd-Frank financial reregulation law along with its 188 other rule suggestions.
How can a rogue trader and risky transactions survive risk management systems absolutely required by Dodd-Frank, existing law, compliance, regulation and accounting standards?
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The Dodd-Frank financial overhaul law that was adopted two year ago included a measure that cut in half the interchange fees on debit cards.
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Plus banks are unlikely to get specifics anytime soon from the federal government on implementation of key provisions of the Dodd-Frank financial reform law.
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The bureau said Monday it plans to propose the new rules, required by the 2010 Dodd-Frank financial overhaul law, by this summer and finish them by next January following a comment period.
The Volcker rule was mandated by the 2010 Dodd-Frank Financial Reform law to prevent banks that receive government backstops like deposit insurance from making risky trades that could endanger taxpayer and depositor funds.
His main job at the outset will be helping the Treasury to build an office of financial research, created by the Dodd-Frank financial regulatory law to mine market data for threats to financial stability.
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Now without a permanent chairman and missing a member, the commission has been in no hurry to draft a fiduciary rule, which it recommended under the Dodd-Frank financial reform law more than two years ago.
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Beyond the budget, Lew is expected to hew closely to the positions Geithner struck on Europe's debt crisis, the U.S. relationship with China and the administration's defense of the Dodd-Frank financial overhaul law that the banking industry has fought to weaken.
Oklahoma's new Republican Attorney General Scott Pruitt has bolstered the cause by challenging the tax penalty provisions of the federal health care law, filing suit against the U.S. Environmental Protection Agency and joining a multi-state challenge to the Dodd-Frank financial reform law.
The Dodd-Frank financial-reform law, for example, is expected to generate hundreds more separate disclosure rules.
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In the U.S., the Dodd-Frank financial-overhaul law gave shareholders a nonbinding say-on-pay vote starting in 2011.
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