Key Players In Dodd-Frank's Post-Election Future

Law360, New York (November 22, 2010, 4:25 PM EST) -- As predicted by most polls and political pundits, the midterm elections have delivered a Republican majority to the U.S. House of Representatives and have tightened the margin in the U.S. Senate. Given this composition change, will Republicans seek to repeal the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Obama administration's landmark financial services reform law?

Notwithstanding possible targeted efforts to repeal provisions of the law, wholesale gutting is unlikely. Rather, the new Republican majority may seek to limit the law's application by exercising its...
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