House to hold hearing on impact of Dodd-Frank Act

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On Wednesday, July 23, 2014, the House Financial Services Committee will hold a hearing entitled “Assessing the Impact of the Dodd-Frank Act Four Years Later.” (Today is the fourth anniversary of the date on which the Act was signed into law.) Most notably, the witness list includes former Congressman Barney Frank, who formerly chaired the Committee and for whom the Act is named (together with former Senator Chris Dodd).

The other witnesses scheduled to appear are:

  • Anthony J. Carfang, Partner, Treasury Strategies, Inc.
  • Thomas C. Deas, Vice President & Treasurer, FMC Corporation, on behalf of the Coalition for Derivatives End-Users
  • Paul H. Kupiec, Resident Scholar, American Enterprise Institute
  • Dale K. Wilson, Chairman, President, and Chief Executive Officer, First State Bank

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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