Analysis

GC Pick Shows Fed's Limited Desire For Dodd-Frank Changes

Law360, New York (July 6, 2017, 7:25 PM EDT) -- The Federal Reserve's Thursday choice of the top lawyer from its bank regulation team to be its new general counsel indicates the central bank intends to maintain the broad architecture of its post-financial crisis rules at least until President Donald Trump puts his own team in place, experts say.

The Fed said that Mark Van Der Weide, currently the deputy director of its division of supervision and regulation, would take over for outgoing General Counsel Scott Alvarez later this summer. The choice comes as the Fed undertakes a review of the rules it put in place in response to the 2008...

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