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Dodd-Frank roll-back a risk to economy: Treasury
The law overhauling the financial system should continue to protect the economy in the future despite any challenges it's faced in its first year of existence, a top Treasury official said on Wednesday. "Scaling back or repealing major parts of the Dodd-Frank Act or not providing regulators with the funds they need to implement the Act will leave our economy exposed to a cycle of collapses and crises," Treasury Assistant Secretary for Financial Markets Mary Miller said in prepared remarks for delivery to a securities trade organization. Miller is speaking to mark the one-year anniversary of the passage of the Wall ... (full story)
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