A major revision of federal financial regulations has cleared its final congressional hurdle, with the Senate's approval on July 15 of the wide-ranging measure. The bill, named for its main authors, Sen. Christopher Dodd (D-Conn.) and Rep. Barney Frank (D-Mass.), now goes to the White House.
President Obama is expected to sign the legislation during the week of July 19, Senate Majority Leader Harry Reid (D-Nev.) said.