Former 16-term Democratic Massachusetts Rep. Barney Frank died of congestive heart failure Tuesday at the age of 86. First elected to the House in 1980, Frank is known for being the co-author of the ...
WASHINGTON — The economic toll from the coronavirus pandemic has been mitigated by reforms enacted in the 2010 Dodd-Frank Act, but the current crisis bolsters the case for even stronger regulation in ...
The Dodd-Frank Wall Street Reform and Consumer Protection Act was passed in response to the 2008 financial crisis to protect borrowers from predatory lending practices and ensure that lenders ...
"When President Obama signed Dodd-Frank into law in 2010, he assured Americans that '[t]here will be no more tax-funded bailouts, period.' ... Those promises were broken when federal officials relied ...
Six million foreclosures and 10% unemployment. Stocks down 50%, major banks in collapse, and a frozen lending landscape. The 2008 financial crisis was brutal and, most observers believe, largely ...
America’s community banks are disappearing and forming more infrequently. These local lenders once dotted every city and small town, offering small business loans, farm credit, and personal banking ...
Nowadays, Daniel Tarullo teaches at Harvard Law School. But not too long ago, he was leading the charge on bank regulation. Between 2009 and 2017, Tarullo was on the Federal Reserve Board of Governors ...
The 2010 Dodd-Frank Act is designed to prevent a repeat of the banking meltdown and the 2008–09 financial crisis. One of its goals is to make banks, and especially large banks, more transparent about ...
As small banks continue to crumble under current financial regulatory policy, one congressman offered a proposal that little attention was paid to earlier this October. On The Breakfast Club radio ...
With the GDP’s growth rate for the most recent quarter now downgraded to 1.3 percent, it is useful to consider what the financial system and the economy will look like in the future if President Obama ...
President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) on July 21, 2010, almost two years after the failure of Lehman Brothers precipitated a worldwide ...
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