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July 31, 2013

July 11, 2013 – Senate Full Banking Committee hearing entitled "Mitigating Systemic Risk Through Wall Street Reforms."

Chairman Johnson’s opening statement set the purpose of the hearing as an examination of the progress being made in the implementation of the Dodd/Frank Act.. The Committee received testimony from the principles and senior staff of the Treasury, Federal Reserve, FDIC and the Office of the Comptroller.

Each witness provided a statement of their accomplishments and reported significant progress in the promulgation of the required regulations. One witness claimed, it was”the beginning of the end” of the regulatory phase of Dodd/Frank.

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