Republicans Offer Bills To Roll Back Wall Street Reforms

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In their quest to undo Wall St. reforms advanced by a Democratic Congress, republicans offer the following bills: 1. The Responsible Consumer Financial Protection Regulations Act = replaces the presidentially appointed director of the newly created Consumer Financial Protection Bureau (Elizabeth Warren) with a five-member commission. 2. The Asset-Backed Market Stabilization Act = eliminates Financial Reform Law provision that hold liable credit-rating agencies like Moody's and Standard and Poor's if their ratings are inaccurate. 3. The Small Business Capital Access and Job Preservation Act = eliminates requirement that advisers to private equity funds register with and be regulated by the SEC. 4. The Business Risk Mitigation and Price Stabilization Act = exempts some corporations from requirement of processing derivative transactions through a clearinghouse and posting collateral to cover those transactions. 5. The Burdensome Data Collection Relief Act = repeals a provision requiring publicly traded companies to disclose the average annual compensation of all employees and ends a requirement that they disclose how employee pay compares to the pay of the top executive. .... Reported at the Washingtonexaminer, these are five republican bills aimed at nibbling at the edges of the Wall Street reforms President Obama signed into law in July. Why not simply attempt to repeal Wall St. Reforms entirely? Are any of the above mentioned republican repeals of import to you?