House GOP's Sequestration Bill Slashes At Dodd-Frank Reforms

Law360, New York (December 20, 2012, 7:01 PM EST) -- House Republicans on Thursday approved a sequestration bill as part of their aborted plan to avoid the so-called fiscal cliff that would eliminate key Dodd-Frank Act reforms including the ability to wind down a large, complex financial institution.

This is the first time financial reform has been brought into the heated Washington fight over mandatory tax increases and steeply slashed spending that are set to take effect in January unless Congress and President Barack Obama are able to reach a deal on a package of easier-to-swallow...
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