Skip to main content

What We Do

September 21, 2011

House Financial Services Subcommittee hearing entitled “The Costs of Implementing the Dodd/Frank Act: Budgetary and Economic.”

The Oversight Subcommittee’s first Dodd-Frank hearing was intended to focus on estimates that the regulations necessary to implement the Act could cost as much as $2 billion over the next ten years.

The hearing recessed twice to accommodate the House schedule – each lasting 90 minutes – and disrupted the focus of the hearing. Instead of looking at cost issues, the hearing focused on the testimony of Republican Commodity Futures Trading Commissioner Jill Sommers. Somemrs said the regulatory process was being rushed and would not be productive.

Hearing video

Congressional Activities
Share

Donate Today!

Contact Us

For media inquiries, please contact press@bettermarkets.org or 202-618-6433.

To sign up for our email newsletter, please visit this page.

Name(Required)
This field is for validation purposes and should be left unchanged.

Sign Up — Stay Informed With Our Monthly Newsletter

This field is for validation purposes and should be left unchanged.

For media inquiries,

please contact press@bettermarkets.org or 202-618-6433.

Donate

Help us fight for the public interest in our financial markets, protecting Main Street from Wall Street and avoiding another costly financial collapse and economic crisis, by making a donation today.

Donate Today