Around the South for Oct. 22: AL, GA & OK

Alabama: Shelby wants to change Dodd-Frank. “We now have better information on how financial regulation should be tailored” to prevent a great recession, US Sen. Richard Shelby (R), chairman of the Senate Banking, Housing and Urban Affairs Committee, told a Harvard University audience last week, reports Yellowhammernews.com. He added, “We also know where [Dodd-Frank] should be pared back to provide relief to smaller and regional financial institutions.” …….Georgia: Deal backtracks on MLK monument. A proposal to place a monument to Martin Luther King on top of Stone Mountain initially met with approval from some blacks and whites, including Gov. Nathan Deal (R) and former Atlanta Mayor Andrew Young (D). But since then, the Southern Christian Leadership Conference and the Sons of Confederate Veterans both objected to the plan. And Deal now says he’ll wait to see how more folks feel about the proposal, reports the Atlanta Journal & Constitution ……. Oklahoma: Inhofe says Obama circumventing the Senate on climate change. “President Obama and his administrative officials are going out of their way to circumvent the role of the U.S. Senate” in his efforts to reach a climate change agreement with the United Nations, US Sen. Jim Inhofe said in a statement published in The Hill. He added that the Senate “should support basic oversight responsibilities.” …….