BUSINESS
10/07/2010 08:11 am ET | Updated May 25, 2011

GOP Leaders Say Dismantling New Wall Street Reform Laws Will Be A Top Priority

Analysts see little to no chance of a full dismantling of the law meant to prevent a repeat of the 2007-2008 financial crisis that set off the worst U.S. recession in generations.

But Republicans are targeting specific provisions of the reforms, such as funding for the new consumer watchdog. On such narrow issues, they might get some traction, analysts said.

The congressional oversight process, about to get going as regulators gear up for implementation, may lead to substantive tweaks to the complicated Dodd-Frank financial regulation law. As ever, bank lobbyists will be busy behind the scenes.

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