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May 17, 2016

Dismantling Dodd-Frank? A slap in the face to tens of millions of hardworking Americans.

FOR IMMEDIATE RELEASE
Tuesday, May 17, 2016
Contact: Nick Jacobs, 202-618-6430 or njacobs@bettermarkets.com

Washington, D.C. – Dennis Kelleher, President and CEO of Better Markets, issued this statement on Donald Trump’s statement that he will dismantle the Dodd Frank financial reform law:

“Donald Trump’s promise to dismantle the Dodd-Frank financial reform law is irresponsible and a gift to Wall Street’s biggest banks.  And, it is a slap in the face to tens of millions of hardworking Americans who have suffered so much from the 2008 financial crash caused by deregulation and Wall Street’s recklessness.  The Dodd-Frank financial reform law is what protects Main Street from having to bailout Wall Street again.  Dismantling it guarantees more crashes, more bailouts and more economic suffering for American families.”

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Better Markets is a non-profit, non-partisan, and independent organization founded in the wake of the 2008 financial crisis to promote the public interest in the financial markets, support the financial reform of Wall Street and make our financial system work for all Americans again. Better Markets works with allies – including many in finance – to promote pro-market, pro-business and pro-growth policies that help build a stronger, safer financial system that protects and promotes Americans’ jobs, savings, retirements and more. To learn more, visit www.bettermarkets.com.

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