Showing the Latest Dodd-Frank Results
Dodd-Frank Turns 10: Trump Administration’s Fair Lending Failures Underscore Need to Strengthen Law
On the ten-year anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act, consumer watchdog group Allied Progress released a report spotlighting how the Trump administration has worked to undermine fair lending protections and — as the recent PPP program showed — how much work there is left to do to make our financial system accessible to all.
Wall Street Darling Jeb Hensarling’s Old Crew Taking Over the CFPB
Hensarling’s Former Chief of Staff Joins CFPB — the Bureau That Oversees Industry Hensarling Spent Career Trying to Deregulate
Consumerist: Bank-Backed Congressman Introducing Law To Gut Consumer Financial Protections
Hensarling’s revisions and original legislation targeting the CFPB aren’t entirely a surprise, as he — and the Financial Services Committee he leads — has strong ties to Wall Street and big banks, Allied Progress reports.
Cleveland Plain Dealer: Now That Trump Dumped Financial Service Regs, What’s the Response?
Karl Frisch, executive director of Allied Progress, a liberal interest group: “If anyone thought Trump filling his administration with Goldman Sachs executives wouldn’t result in financial policy that stacks the deck against hard-working Americans, this should finally dispel that notion.“
Housing Wire: Mixed Reactions to Trump’s Push for Dodd-Frank Overhaul
“If anyone thought Trump filling his administration with Goldman Sachs executives wouldn’t result in financial policy that stacks the deck against hardworking Americans, this should finally dispel that notion,” Frisch said.