Sen. Shelby floats economic analysis, Dodd-Frank fix-it bills

Sen. Richard Shelby proposed a pair of bills that proponents said would clarify and streamline implementation of the Dodd-Frank Act. One of the bills is said to make several non-substantive, technical corrections to Dodd-Frank. The other bill would bar financial regulators from promulgating a new rule if the regulation’s costs outweigh its benefits. Read on for the details.