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Unless Frank changes his mind again.
Frank changes a few settings, as HORP gives another inscrutable snort.
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As that timeline approaches, some moderate Republicans up for re-election will begin to pull further away from backing Dodd-Frank changes in order to distance themselves from being on the side of big banks.
In the Haldane view — with which I fully concur — the Dodd-Frank changes were steps in the right direction, including the Volcker Rule (limiting what banks can do) and the new resolution authority.
If there's a ransom being demanded, it's the Dodd-Frank changes, which amount to another attempt by Republicans to extract concessions from Democrats in order to keep the government open.
And how would Dodd-Frank change this dynamic?
The House passed the Hensarling version of TRIA with the Dodd-Frank change before it left town, dropping extension in the Senate's lap.
While regulations such as Dodd-Frank changed the financial world, lenders and investors also lost their appetite for risk and have changed their behavior, says Sam Khater, chief economist of Freddie Mac in McLean, Va.
"To be frank, this changes things a bit.
When the kidney of 18-month-old Mpv17−/− mice was examined, we observed progressive FSGS, which at 2 years of age evolved into frank degenerative changes of the glomeruli (Fig. 3A), accompanied by degenerative abnormalities in the tubular system, with dilation and formation of pseudocysts, parenchymal loss and interstitial fibrosis (Fig. 3B).
Nothing in the Dodd-Frank Act changes this.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com