Dodd-Frank May Survive Romney, But Not In One Piece

Law360, New York (October 26, 2012, 8:17 PM EDT) -- If Republican presidential nominee Mitt Romney wins the election in two weeks, the realities of congressional politics could make a full repeal of the Dodd-Frank Act impossible, but attorneys say he could still gut the law by weakening its most controversial provisions.

Romney has long vowed to “repeal and replace” Dodd-Frank. He claims the 2010 law put unnecessary burdens on the financial industry and carried unintended consequences, including a supposed decline in bank lending.

But a victorious Romney would face the nearly impossible task of getting...
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