NOT FOR REPRINT
Page Printed from: treasuryandrisk.com/author/profile/erik-wasson-bloomberg/
Sign In To follow
Measure would keep U.S. government open through Dec. 8.
House GOP stuck on budget disagreements.
Fight over the impact of Dodd-Frank reforms shifts to federal financial spending bill.
Emboldened by swap victory in current spending bill, Wall Street considers agenda for further Dodd-Frank rollback when Republicans control the Senate.
Banks would be allowed to keep derivatives in units with federal backstops, and underfunded multi-employer pensions would be allowed to reduce benefits.
Many Democrats oppose measure easing rule that restricts banks' derivatives trading.