Broadcast Newsline: June 8, 2011
Robbie Minnich, Senior Government Relations Representative for the National Cotton Council, says The House Financial Services Committee amended and subsequently passed legislation that would delay implementation of a major portion of the Dodd-Frank Wall Street Reform and Consumer Protection Act, until Sept. ’12.
This week’s Cotton Newsline is 3 cuts. All cuts are Robbie Minnich, Senior Government Relations Representative for the National Cotton Council.
Suggested Introduction 1:
Robbie Minnich, Senior Government Relations Representative for the National Cotton Council, says The House Financial Services Committee amended and subsequently passed legislation that would delay implementation of a major portion of the Dodd-Frank Wall Street Reform and Consumer Protection Act, until Sept. ’12.
Suggested Introduction 2:
Minnich says the bill, which was previously approved by the House Agriculture Committee on a party-line vote, originally had an extended deadline of Dec. 31, ’12, for Dodd-Frank swaps rulemaking.
Suggested Introduction 3:
According to Minnich democrats, led by ranking member Rep. Frank (D-MA), argued that the legislation was an effort to delay implementation of Dodd-Frank.