Links in “Dodd-Frank”
- Dodd-Frank a Failure Due to “Collateral Damage”
U.S. Rep. Sean Duffy says Dodd-Frank missed the mark, with "unintended consequences" and "collateral damage" outweighing the positives of reform attempts. [9/10/15]
- Next Gen Bankers: What Excessive Regulatory Burden?
The new generation of bankers doesn't know how it used to be before Dodd-Frank. For them, it's just another day at the office. Maybe seeing things through their eyes would reveal some opportunities that might otherwise be missed. [9/8/15]
- CFPB Gets More Congressional Heat to Implement “Small Business HMDA”
Need more data collection rules? You'll get them if 84 members of the House have their way. They have just added their voices to a group of 19 Senators to urge the CFPB to implement a section of Dodd-Frank that requires financial institutions to collect data on small business lending, such as race, sex and ethnicity of the principal owners of the business. [8/31/15]
- Dodd-Frank at 5: As Divisive as Ever
As the 2,239-page law reaches its fifth anniversary, time hasn't healed the divide, but only served to further amplify its divisiveness. [8/24/15]
- Dodd-Frank: Worse Than the Worst Piece of Legislation in History?
Equity research analyst Richard Bove called Dodd-Frank the worst piece of legislation in history when it was signed in 2010. "I now believe that this judgment, dismal as it was, actually failed to capture how really bad this legislation was." He says the government has effectively nationalized banks. [8/19/15]
- Is Dodd-Frank’s Impact on Industry Consolidation Overstated?
Yes, the industry is shrinking. But how big of a role Dodd-Frank is playing in the declining number of banks is debatable. [8/19/15]
- Head of Job Creators Network Bemoans CFPB’s Impact
A group estimates that Dodd-Frank and its centerpiece, the CFPB, have imposed more than $24 billion in regulatory costs and 61 million hours in paperwork burden. [8/17/15]
- The CFPB Gives Nada to NADA
NADA requests a CFPB memo that may contain evidence that the bureau is seeking to exercise jurisdiction over franchised auto dealers, which is prohibited under Dodd-Frank. The CFPB says the memo is privileged and therefore protected from public scrutiny. [7/29/15]
- The Return of Phil Gramm
A chief architect of deregulation of banking in the late 1990s and an opponent of Dodd-Frank's regulatory overhaul, former Senator Phil Gramm will speak before the House Financial Services Committee this week. [7/27/15]
- World Bank Turns Attention on Diversity and Inclusion
World Bank Group recently announced the creation of an External Advisory Panel for Diversity and Inclusion. The announcement comes as no surprise following the newly released diversity standards created based on Dodd-Frank. The panel is meant to provide a conduit to the global community to serve as a sounding board for advice on matters relating to diversity and inclusion. [7/23/15]