Saddam Hussein has been tenacious in his pursuit of weapons of mass destruction and, unless he is removed from power, he will eventually harm our nation and our allies. Every moment we delay allows him to grow stronger.
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Dodd-Frank greatly expanded the regulatory reach of the Federal Reserve. It did not, however, examine whether it was correctly structured to account for these new and expansive powers. Therefore, the Committee will be examining the appropriateness of the Fed's current structure in a post Dodd-Frank world.