WASHINGTON — House Financial Services Committee Republicans are urging the joint supercommittee to significantly scale back the Dodd-Frank Act and its derivatives provisions, as well as reduce the size of the community development block grant program.

In a 12-page letter sent to the deficit reduction panel, the Republicans, led by committee chairman Rep. Spencer Bachus of Alambama, said the Dodd-Frank Wall Street Reform and Consumer Protection Act is “the most significant impediment to economic growth” that falls within the committee’s jurisdiction.

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