WASHINGTON, July 23 (UPI) -- Former Sen. Christopher Dodd said banks were making the strongest case for the U.S. financial overhaul bill passed into law two years ago.
"Consider the recent revelation that one bank has admitted and others are being investigated for manipulating Libor, the interbank loan rate. Another bank has suffered a $6 billion trading loss because of bad actors," Dodd wrote in an opinion piece published in Politico Monday.