Criticisms of the Dodd-Frank Wall Street Reform and Consumer Protection Act
Mia Love
Abstract
Mia Love
Abstract
President Barack Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law on July 21, 2010. The bill brought significant changes to financial regulation in the United States, a er the stock market crisis just a few years earlier. Those changes were among the most significant since Congress responded to the Great Depression in the 1930s. But reform under Dodd-Frank has not worked as planned or promised.
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President Barack Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law on July 21, 2010. The bill brought significant changes to financial regulation in the United States, a er the stock market crisis just a few years earlier. Those changes were among the most significant since Congress responded to the Great Depression in the 1930s. But reform under Dodd-Frank has not worked as planned or promised.
Key concepts: Consumer Protection Act, Great Depression, Law, Consumer protection, Reform Act, Financial crisis, Stock (firearms), Political science