Obama To Meet With Financial Regulators

Obama To Meet With Financial Regulators

The President plans to discuss the Dodd-Frank Wall Street Reform lLaw that was passed in 2010 and what progress has been made in implementing it.

The White House says President Obama will meet with "independent financial regulators," Monday afternoon.

The President plans to discuss the Dodd-Frank Wall Street Reform lLaw that was passed in 2010 and what progress has been made in implementing it.

The chair of the Securities and Exchange Commission, Mary Jo White is expected to attend the meeting.

White House officials also expect appearances from the heads of the Federal Reserve, the Consumer Finanical Protection Bureau, and the Federal Housing Finance Agency.

The Dodd-Frank Reform Bill was passed in response to the financial crisis, largely associated with what was an inflated housing market.

Three years later, many of the rules still have not been implemented.

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