Bachmann intros legislation to repeal Frank-Dodd finance bill

Henry J. Reske at NewsMax writes that

Rep. Michele Bachmann, R-Minn., has introduced legislation to repeal the massive and widely criticized Dodd-Frank financial reform measure that President Barack Obama had signed into law. Bachmann, who made the move shortly after being sworn in for her third term, assailed the law protecting Wall Street at the expense of taxpayers.

“I’m pleased to offer a full repeal of the job-killing Dodd-Frank financial regulatory bill,” Bachmann said. “Dodd-Frank grossly expanded the federal government beyond its jurisdictional boundaries. It gave Washington bureaucrats the power to interpret and enforce the legislation with little oversight.”

January 6, 2011  Tags: ,   Posted in: Tax/Budget/Spending

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