Treasury's Miller: Don't Trim Dodd-Frank

Scaling back financial reforms would expose U.S. to 'cycle of collapses and crises,' she says.

Mary Miller, the U.S. Treasury Department’s assistant secretary for financial markets, warned today against curtailing the Dodd-Frank law.

“Scaling back or repealing major parts of the Dodd-Frank Act, or not providing regulators with the funds they need to implement the act, will leave our economy exposed to a cycle of collapses and crises, with potentially devastating repercussions,” Miller said in remarks prepared for a speech in New York today.

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