Political Headlines - July 16, 2012

Here are the top POLITICAL headlines from today: 

  • 2 years later, Dodd-Frank law is largely stalled: Many of the rules in the landmark Dodd-Frank legislation meant to restore public trust in the country's financial institutions have yet to be enacted. Political reporter Bobby Caina Calvan reports.


  • Presidential campaigns still sparring over Bain Capital: While President Obama's campaign continued to hammer Mitt Romney on his tenure at Bain, Romney's side called the attacks an attempt to distract voters. Political correspondent Callum Borchers and Washington bureau chief Christopher Rowland continue


  • Elizabeth Warren taps deep pockets near and far: The Democratic Senate candidate collected more itemized contributions in New York and Los Angeles than any other city, including Boston, between April and June. Political reporter Noah Bierman and reporter Matt Carroll detail.


  • Patrick defends Obama's role in trying to resolve debt crisis: Political correspondent Callum Borchers writes that Governor Deval Patrick defended President Obama on Sunday against charges that he has failed to lead lawmakers toward a bipartisan plan to reduce the federal deficit ahead of the so-called "fiscal cliff" looming at the end of the year.


  • Pentagon's second in charge oversees downsizing: Washington bureau reporter Bryan Bender writes about the Pentagon's second in command, a former Harvard and MIT leading national security scholar, who is working to downsize the military.