Alas, explains Mark McClellan of the Brookings Institution, the most meaningful proposals have since been watered down or delayed.

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But budgetary pressures may mean that they are watered down or further delayed.

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Other pledges have been blocked, delayed or watered down.

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So not only were they successful in having implementation of the watered-down Dodd-Frank regulations delayed, there are plans in Congress to attempt to repeal all or part of it after the elections.

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