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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By coincidence, I just heard yesterday of the law proposed by Barney Frank and Ron Paul to legalize pot at the Federal level.
In July, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act that aims to promote financial stability and improve corporate governance through regulatory reform.
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.
Following law school, he served as a law clerk for the Honorable Frank E.
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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Meanwhile, Scotland's most senior law officer, Lord Advocate Frank Mulholland, has met Mr El-Keib in London to discuss further inquires into the Lockerbie bombing.
"International banks can no longer be viewed by Western regulatory agencies as they have been in the past as virtually sacrosanct institutions somehow above the law, "said Frank J.
"International banks can no longer be viewed by Western regulatory agencies as they have been in the past -- as virtually sacrosanct institutions somehow above the law, "said Frank J.
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.
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