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Cheat Sheet: How Obama's Budget Would Affect Banking 

February 3, 2015

Victoria Finkle, American Banker

President Obama unveiled his fiscal year 2016 budget plan on Monday, proposing additional funding for several financial agencies and defending core tenants of the Dodd-Frank Act.

The nearly $4 trillion plan proposes numerous changes to the tax code for individuals and corporations, as well as improvements to the country's infrastructure and education resources. The Republican-controlled Congress is expected to ignore most, if not all, of the president's proposals, but the budget plan remains a key barometer of the administration's priorities during Obama's final two years in office.

Below are seven takeaways on what the 2,000-page budget blueprint means for the financial services industry.

Read More: American Banker 

 
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