The President released his 2013 budget proposals, which included some increased line items related to Dodd-Frank. Particularly, the President requested more funding for the CFTC and the same amount of funding for the SEC, both budgets that were cut by the congress last year.
He also requested a "financial crisis responsibility fee" -- a bank tax to be leveraged on the largest institutions.
ABA will continue to analyze the budget and report on important issues that affect banks.
Read the budget materials.
See a video about the financial crisis responsibility fee.
Read more about the financial crisis responsibility fee.
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