WASHINGTON — With the one-year anniversary of the Dodd-Frank Act approaching, House Republicans gave the financial-reform law a failing grade in a press conference Friday, saying that it has increased the size of government, hurt the economy and not solved the "Too Big to Fail" problem.

"The Dodd-Frank Act burdens the private sector with 400 new federal regulations over the next several years," said Rep. Spencer Bachus, chairman of the House Financial Services Committee.

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