http://thinkprogress.org/economy/2014/12/11/3602761/wall-street-reform-under-attack/
"The plan to tie financial de-regulation to the funding bill is part of a strategy by Wall Street’s allies in Congress to use any leverage necessary to weaken oversight of our financial institutions. As one senior GOP aide explained, “The regulatory reforms in the cromnibus [funding bill] are the first cracks in the Dodd-Frank armor…. If liberal Democrats vote for this package it shows that conservatives can use must pass legislation to repeal the regulatory state.”
This strategy is on display elsewhere in Congress this week. Rep. Jeb Hensarling (R-TX), chairman of the House Committee that has oversight over our financial system, is insisting that any extension of Terrorism Risk Insurance include an unrelated provision that will weaken separate Dodd-Frank reforms intended to make swaps trades less risky."
