1. Gary Rivilin, who wrote the article "How Wall Street Defanged Dodd-Frank" for the May 20th issue of The Nation, tells Dave Davies about how the passage of a bill is just the first step in a long process of change when it comes to legislation:

It’s a long and arduous process that just adds months and months, and so even though we’re nearly three years out from Dodd-Frank, of those 398 rules requiring action by a regulator, only about 148 of them – that’s about one third – have been finalized, in large part because we’ve created a process in Washington that has openness and fairness but, if you have mighty forces that have these battalions, they’re able to really choke the process and slow it down.

Image via The Washington Post View in High-Res

    Gary Rivilin, who wrote the article "How Wall Street Defanged Dodd-Frank" for the May 20th issue of The Nation, tells Dave Davies about how the passage of a bill is just the first step in a long process of change when it comes to legislation:

    It’s a long and arduous process that just adds months and months, and so even though we’re nearly three years out from Dodd-Frank, of those 398 rules requiring action by a regulator, only about 148 of them – that’s about one third – have been finalized, in large part because we’ve created a process in Washington that has openness and fairness but, if you have mighty forces that have these battalions, they’re able to really choke the process and slow it down.

    Image via The Washington Post

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