Hatch wants to halt Dodd-Frank until other nations get on board

The letter came days before Geithner is set to meet with global financial officials — first at a joint meeting Tuesday of officials from the International Monetary Fund and World Bank, and then during a weekend meeting of the G-20 Finance Ministers.

Hatch asked Geithner whether the other G-20 nations are implementing their own versions of Dodd-Frank provisions — including the Volcker Rule, which places restrictions on the type of trading firms can do with their own funds. In addition, he wants to know if the administration thinks U.S. financial institutions will be put at a competitive disadvantage if other G-20 nations fail to adopt similar reforms.