23-05-2018 01:36 via finance.yahoo.com

AP Explains: Congress moves to roll back Dodd-Frank law

In the midst of a presidential election, Washington struggled in its response.The bankruptcy of Lehman Brothers and the takeover of Merrill Lynch turned the spotlight on Democratic Sen. Barack Obama of Illinois and Republican Sen. John McCain even brighter, with McCain's assertion that the "the fundamentals of our economy are strong" used to depict him as out of touch.In June 2010, the House passed the financial regulatory overhaul by a vote of 237-192. Only three Republicans sided with the vast
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