Douglas Landy, partner in Milbank, Tweed, Hadley & McCloy’s Global Leveraged Finance Group, provided commentary in a recent Wall Street Journal article titled, “GOP’s Jeb Hensarling Takes Aim at Dodd-Frank, Volcker Rule.”
In regards to the chairman of the House Financial Services Committee, Jeb Hensarling’s, plan to replace the 2010 Dodd-Frank Act, Douglas Landy says, “As much as banks hate all of the stuff they’ve been forced to do, they’ve done it now. A lot of them have spent money, sunk the costs. Replacing it for something else, they’re not sure exactly what it means.”
