House Republicans establishing online home for Dodd-Frank critiques

Republicans leading the House Financial Services Committee are working to make its website a hub for all its work scrutinizing the Dodd-Frank financial reform law.

GOP members are preparing to unveil a new Web tool for the committee's website that will gather in one place all the panel's work on the financial overhaul since Republicans took charge of the House in 2011.

The move marks the latest Republican effort to bring attention to their criticisms of the Wall Street reform law, which is nearing is second birthday. The panel is devoting the month of July specifically to a spate of hearings on the law.

“Anyone who believes the Dodd-Frank Act applies only to big Wall Street firms doesn’t realize the huge impact these 400-plus rules and mandates have on our economy and jobs," said Committee Chairman Spencer Bachus (R-Ala.). "Our website offers information they need to understand that millions of Americans and small businesses across the country – who had nothing to do with the financial crisis – must endure the negative consequences of Dodd-Frank."

Under the new Web tool, the committee's website will have a single location devoted to its Dodd-Frank work, which will catalog the testimony of hundreds of witnesses, as well as video of all the hearings on the reform law — 65 at last count.

Beyond hearings, Republicans have opened several other fronts on the financial reform law. GOP members have resisted big budget increases to regulators charged with implementing the law, and have advanced in the House several bills repealing or altering specific provisions of the measure. However, while House Republicans have passed legislation repealing another major legislative target — the healthcare reform law — multiple times, a broad effort to repeal Dodd-Frank has not materialized. Bills to do so have been introduced in both the House and Senate, but have not advanced.

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