Members of Congress Speak Out Against Wall Street’s Effort To Evade Derivatives Rules
Nineteen members of Congress, led by Barney Frank, a lead author of the Dodd-Frank Act, filed the amicus brief linked below speaking out against the efforts of major Wall Street derivatives dealers to overturn key Dodd-Frank derivatives rules. The brief was drafted by former
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Miller. Also joining the brief are Senators Sherrod Brown (Chair of the Financial Institutions Subcommittee of the Senate Banking Committee), Dianne Feinstein, Tom Harkin, Carl Levin, and Jack Reed, and Representatives Maxine Waters (Ranking Member of the House Financial Services Committee), Carolyn Maloney (Ranking Member of the Capital Markets Subcommittee of the House Financial Services Committee), Michael Capuano, John Conyers, Elijah Cummings, Rosa DeLauro, Keith Ellison, Alan Grayson, Stephen Lynch, George Miller, Charles Rangel, and Niki Tsongas.Derivatives, Dodd-Frank