Political Factoid
Congress passed what is known
as the Dodd-Frank Act* in 2010
in response to the financial
crisis of 2008
... but after three years, it
remained unenforced as
various federal agencies
fought over how to adopt it.
* |
Dodd-Frank Wall Street Reform and
Consumer Protection Act -- making
significant changes to financial
regulations that affect all federal
financial regulatory agencies and
almost every part of the nation's
financial services industry.
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