House Panel Picks At Dodd-Frank Implementation

Law360, New York (March 30, 2011, 6:49 PM EDT) -- Members of a House Financial Services subcommittee sparred Wednesday over whether the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act is crucial to check an out-of-control industry — or a congressional rush job that could do more harm than good.

The highly partisan hearing — officially aimed at assessing the cost of implementing the Dodd-Frank financial reform legislation — was called by Rep. Randy Neugebauer, R-Texas, the newly installed chairman of the subcommittee on oversight and investigations who fought vigorously against the bill and has...
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