Government Moves To Dismiss Dodd-Frank Constitutionality Dispute

By  |  March 6, 2013
 | 

The federal government has filed a motion to dismiss challenges to the Dodd-Frank act’s constitutionality, according to BankCreditNews.com.

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    The federal government claims that the case against Dodd-Frank, which is being made by 8 plaintiffs represented by 11 state attorneys, “lack[s] standing to assert [its] challenges.”

    AGs from Alabama, Georgia, Kansas, Michigan, Montana, Nebraska, Ohio, Oklahoma, South Carolina, Texas and West Virginia maintain that Dodd-Frank violates portions of the Fifth Amendment.

    Read the full story here.


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