On July 21, 2010, President Barack Obama signed the Dodd–Frank Wall Street Reform and Consumer Protection Act into law. The legislation, written by Congressman Barney Frank, and Chairman of the Senate Banking Committee Chris Dodd, promised to be the most comprehensive financial reform to be undertaken since the Great Depression. As with the Glass-Steagall Act, […]
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Republicans gut Dodd Frank Act, killing efforts to protect American citizens from financial industry abuse
Posted in Economics, Politics, Uncategorized | Also tagged banking reform, banks, Barney Frank, Carl Levin, Chris Dodd, Christopher Dodd, Consumer Financial Protection Bureau, deregulation, Dodd-Frank, Dodd–Frank Wall Street Reform and Consumer Protection Act, Elizabeth Warren, financial reform, Financial Services Modernization Act of 1999, Glass-Steagall Act, Graham-Leach-Bliley Act, Great Depression, H.R.4173, John Oliver, lobbying, lobbyists, Neal Wolin, Newt Gingrich, Richard Cordray, Schoolhouse Rock, Treasury Department, Wall Street deregulation | 10 Comments