Five Years of Dodd-Frank: "Too Big to Fail" Still Unresolved
Posted
July 21, 2015
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July 21, 2015
418
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1:04:12Now PlayingThe 2008 financial crisis was a major event whose causes will be debated for years. Conventional wisdom holds that the crisis was caused by Wall Street greed and insufficient regulation, although many economists blame the crisis on a housing bubble fed by various government policies. With little forethought, Congress responded by enacting the most comprehensive overhaul of financial regulation since the New Deal: The 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act.
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