Lax investment regulations and bad home loans are blamed for sparking the nation’s deepest recession in decades. In response, lawmakers Barney Frank, Chris Dodd and others introduced the Dodd-Frank Wall Street Reform and Consumer Protection Act. The goal was to keep the “average American consumer” safe. But one year later, the act is under legislative attack — and some are questioning whether the legislation has accomplished its goals.
Guests:
Cady North, senior finance policy analyst for Bloomberg Government
Scott Talbott, senior vice president for government affairs at Financial Services Roundtable, a group representing the financial industry
Eric Talley, professor and Gilbert Foundation chair in law, business and the economy at UC Berkeley School of Law
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