July 30, 2014 SIGN IN | REGISTER

Mitt Romney's 'Repeal and Replace' Dodd-Frank Plan Leaves Major Gaps

"Gov. Romney has said he wants to repeal Dodd-Frank, and I appreciate and it appears we've got some agreement that a marketplace, to work, has to have some regulation. But in the past, Gov. Romney has said he just wants to repeal Dodd-Frank. Roll it back. And so the question is does anybody out there think that the big problem we had is that there was too much oversight and regulation of Wall Street?" Obama said.

Obama also slammed Romney for not saying which parts of the law would survive under his presidency.

"He says that he's going to replace Dodd-Frank, Wall Street reform, but we don't know exactly which ones," Obama said. "He won't tell us."

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