WASHINGTON If you want a cheat sheet naming the Washington power brokers who hold key influence over financial policy decisions this fall, The Hill newspaper has granted your request.
The Capitol Hill paper named 18 insiders likely to influence efforts in the coming weeks related to the implementation of the Dodd-Frank Act. The
Dimon, the paper said, has been among those pushing "regulators to tread lightly on implementing the" Volcker Rule "and give banks room to breathe, lest it stifle lending and the economy."
Also on the list were Gary Gensler, chairman of the Commodity Futures Trading Commission, and fellow CFTC member Mark Wetjen, a "key swing vote" on looming derivatives rules under consideration by the agency.
Industry representatives making the list include Consumer Bankers Association chief Richard Hunt, who "will have his hands full as the" CFPB "gets up and running."; Financial Services Roundtable CEO and former Minnesota Gov. Tim Pawlenty; Gibson Dunn partner Eugene Scalia; Financial Services Forum CEO Rob Nichols; and Camden Fine, chief executive officer of the Independent Community Bankers of America.
Meanwhile, Fed Gov. Daniel Tarullo "is the man to watch on the Federal Reserve [Board] when it comes to Dodd-Frank's implementation," the paper said. And, "while much of the work implementing the law" falls to regulators, Treasury Under Secretary Mary "Miller's take gives a look into the Obama administration's perspective."
The list also includes, among others, Federal Deposit Insurance Corp. Vice Chairman Thomas Hoenig; House Financial Services Committee Chairman Jeb Hensarling, R-Texas; and Sen. Elizabeth Warren, D-Mass.
