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Unfilled positions holding back Trump's bid to undo Dodd-Frank

Published Wed, Apr 5, 2017 · 09:50 PM
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Washington

US President Donald Trump's push to roll back Wall Street regulations is being held up by his inability to fill open seats at the two agencies overseeing the financial industry.

The inaction has left the US Securities and Exchange Commission and Commodity Futures Trading Commission with just two members apiece, one from each political party. That's given the lone Democrats at each regulator the unusual power to block policy moves they disagree with.

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