Don't turn back on financial reform
The Republicans, harried by their Tea Party wing, have a choice on financial reform. They can either try fundamentally to rewrite the Dodd-Frank act, or can settle for ensuring that the regulators implement it sensibly while they focus on reforming Fannie Mae and Freddie Mac. The second option is better, writes John Gapper in the Financial Times. The opinion editorial includes comments from Regulating Wall Street co-editor Viral Acharya.
Read the full opinion editorial on the Financial Times website.
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