WASHINGTON — This time last year, many observers predicted that 2013 might finally be the year that policymakers made technical corrections and other minor modifications to the Dodd-Frank Act.

Instead, such efforts were largely drowned out amidst larger discussions about "too big to fail" in the wake of JPMorgan's "London Whale" mess and a renewed push for housing finance reform in both the House and Senate. Partisan rancor in Congress also swelled to new heights amidst battles over stalled Senate confirmations, the budget and the debt ceiling, grinding legislative activity to a halt at several points over the year.

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