Congress playing chicken with Dodd-Frank reform

Mortgage

WASHINGTON — A Senate Republican effort to use an obscure legislative process to restructure the Consumer Financial Protection Bureau could derail any bipartisan agreement on targeted changes to the Dodd-Frank Act.

While the chances of sweeping financial reform are remote, Senate Banking Committee Chairman Mike Crapo and his Democratic counterpart, Sen. Sherrod Brown of Ohio, have voiced optimism about enacting narrower changes.

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