President Obama signed the TRIA reauthorization bill into law yesterday. The measure is now in effect for another six years. The law also includes measures that exempt ranchers, energy businesses and other “end users” of derivatives from certain capital requirements that are part of the 2010 Dodd-Frank financial reform law. White House spokesman Josh Earnest told reporters the administration was disappointed the bill included the unrelated measures, but he acknowledged that the President would sign it anyway.
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