Daily News: January 16, 2015

Republicans Lose House Vote on Bill Easing Dodd-Frank

Bloomberg reported U.S. House Republicans lost a bid to quickly pass legislation to relax some requirements under the 2010 Dodd-Frank financial regulatory law.

According to Bloomberg , the measure would delay until July 2019 a provision of the law’s Volcker Rule intended to limit risky investments by banks, and make other changes.

To read the entire Bloomberg article, click here.