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spanone

(135,919 posts)
Fri Jun 9, 2017, 01:43 PM Jun 2017

hey consumers...think the 'president' is working for you?

think again....

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Dodd–Frank Wall Street Reform and Consumer Protection Act

The Dodd–Frank Wall Street Reform and Consumer Protection Act (Pub.L. 111–203, H.R. 4173, commonly referred to as Dodd–Frank) was signed into federal law by President Barack Obama on July 21, 2010.[1] Passed as a response to the financial crisis of 2007–2008, it brought the most significant changes to financial regulation in the United States since the regulatory reform that followed the Great Depression.[2][3][4][5] It made changes in the American financial regulatory environment that affected all federal financial regulatory agencies and almost every part of the nation's financial services industry.[6][7]

https://en.wikipedia.org/wiki/Dodd–Frank_Wall_Street_Reform_and_Consumer_Protection_Act

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hey consumers...think the 'president' is working for you? (Original Post) spanone Jun 2017 OP
Why does the Republican Congress hate. . Kittycow Jun 2017 #1
because they don't put millions and millions into their campaign coffers spanone Jun 2017 #4
Ding ding ding ! Kittycow Jun 2017 #6
Trump & the GOP just shot every financial brand in the foot C_U_L8R Jun 2017 #2
sadly, most people will never know this happened. spanone Jun 2017 #5
More and more I think the GOP are Russian moles paid to wreck havoc on the US economy. Johonny Jun 2017 #3

C_U_L8R

(45,030 posts)
2. Trump & the GOP just shot every financial brand in the foot
Fri Jun 9, 2017, 01:55 PM
Jun 2017

The only thing holding financial companies and their
customers together is a simple, enduring concept called TRUST.
Without regulation, there is no trust... and no reason whatsoever
for anyone to 'entrust' their money with any of these characters.
Regulations actually have a very important role in keeping business together.
Greed has made Republicans so shortsighted and misguided.

spanone

(135,919 posts)
5. sadly, most people will never know this happened.
Fri Jun 9, 2017, 02:43 PM
Jun 2017

until it hits them in the pocketbook...and maybe not then

Johonny

(20,933 posts)
3. More and more I think the GOP are Russian moles paid to wreck havoc on the US economy.
Fri Jun 9, 2017, 01:59 PM
Jun 2017

This doesn't benefit private industry or the stock market, both doing just fine with Frank Dodd in place. All it does is help make the next down turn worse. Which benefits...Russia. But hey, where's the evidence accept, you know, Trump's whole campaign and presidency to date.

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