The Dodd-Frank Act of 2010 attempted to radically reform our country’s financial system. It aimed not only to ensure that American taxpayers would never again have to bail out Wall Street, but also to create a new financial system that would reduce inequality, support the productive economy, produce sustainable growth, and protect investors.
Ten years after Congress passed the Dodd-Frank Act, we are still grappling with its consequences. While some of its provisions have transformed our financial system, for the better, many have yet to be implemented at all, and others are being actively dismantled by deregulatory ideologues.
During this time of financial, economic and political upheaval, it is important to reflect on this landmark piece of legislation, and the impact it has had on millions of Americans. “Ten Years of Dodd-Frank and Financial Reform” traces the act’s history, showing how it has benefited Main Street families and Wall Street banks alike, and discusses the future of financial reform.
Read the full report here.