As Republican presidential candidates push for House GOP leaders to repeal the 2010 Wall Street reform law, politicians like John Boehner (R-Ohio) face a difficult decision: Follow party wishes or follow political common sense. Dodd-Frank may not be popular in Republican camps, but it is supported by a larger segment of the population than the President’s health care reform legislation. It is also a complex piece of legislation that is a good deal harder to explain to voters.
By and large, Republican leaders like Boehner support, if not a repeal of the law, certainly a revamp. But none have made it a priority.