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White House stops short of veto threat for bill with Dodd-Frank changes

WASHINGTON, Dec 11 (Reuters) – The White House said on Wednesday it “strongly opposes” the inclusion of modifications to Dodd-Frank financial reforms in a bill that reauthorizes the Terrorism Risk Insurance Act, but stopped short of issuing a formal veto threat for the bill.

“The main purpose of (the bill) is to reauthorize the Terrorism Risk Insurance Program; this bill should not be used as a vehicle to add entirely unrelated financial regulatory provisions,” the White House said in a statement. (Reporting by Roberta Rampton; Editing by Sandra Maler)

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