Slipping deadlines

Dodd-Frank deadlines are not being met.  From the story:

The Dodd-Frank Act mandated that dozens of rulemakings be completed within either nine months or a year of the bill’s enactment. Nine months have now passed. The one-year mark is fast approaching. Much remains undone.

But Rep. Barney Frank (D-Mass.), who championed the bill in the House last year, isn’t concerned about the delays. “There are a lot of complicated rules there,” he said. “I believe all the agencies are working hard to try to complete them.”

The regulatory agencies will get the rules finished “as soon as it can be rationally done,” Frank told HuffPost. “What difference does it make if it‘s a month later or six weeks later?”

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