White House opposes House GOP financial regulation bills, says they would weaken rules

The White House says it opposes legislation in the Republican-controlled House that would exempt certain financial transactions used by banks from falling under the provisions of a 3-year-old law passed in response to the 2008-2009 financial crisis.

http://www.washingtonpost.com/politics/federal_government/white-house-opposes-house-gop-financial-regulation-bills-says-they-would-weaken-rules/2013/10/28/8a189f64-4025-11e3-b028-de922d7a3f47_story.html