Yellen backs Dodd-Frank rules again, sounds upbeat on economy

Federal Reserve chief Janet Yellen said late Thursday that key parts of the 2010 Dodd-Frank law -- including higher capital requirements and enhanced supervision for big banks -- should not be scrapped, according to a Wall Street Journal report. She has previously warned against rolling back Dodd-Frank rules, and it is something that President-elect Donald Trump has vowed to do. On Thursday, Yellen also said the U.S. economy faces no serious short-term obstacles, according to a Bloomberg report....(read more)

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