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On his reelection big time yesterday shares of the big banks are looking a little bit better today.
How the continuation of Dodd Frank's legislation in packed in the industry.
Give rises on the story in DC CNN stocks got swamped yesterday.
That's -- -- governor Romney as you were call wanted to replace and repeal Dodd-Frank financial reform legislation one of the president's signature measures.
After the financial crisis well.
That's not gonna happen now.
Analysts say the president's victory well also embolden the Consumer Financial Protection Bureau created under Dodd-Frank.
To get tougher on banks -- new regulation and enforcement separately regulators are expected to move forward with new higher capital rules for big banks.
Which now also face a greater risk of break up that's impart because of the election of their arch -- consumer advocate Elizabeth Warren to the senate on Tuesday night -- expected to help defend Dodd-Frank and other existing regulation from Republican attack as well as push new limits on banks.
You're spot on the powerful Wall Street banks and special interest.
And he'll let them know you want a senator will be out there fighting for the middle class all of.
-- -- -- Some analysts believe that warrant and other Democrats could join forces with conservative Republicans who charge that Dodd-Frank.
-- tax big banks from being too big to fail by guaranteeing them government funding and support in -- future finance.
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