Today marks the 5th year anniversary since the Dodd-Frank Act was signed by President Obama. The Wall Street Journal had a write up stating that this has been a failure so far. The article mentions that instead of aiming at Wall Street, it hit Main Street hard. In addition, the law is said to have crushed small banks, restricted access to credit and planted the seeds of financial stability.
The statute was intended to "end too big to fail" and "promote financial stability".
The Wall Street Journal article can be found here.
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