Barney Frank: Anything Will Go on Trump's Wall Street

By NCD on Mon, 02/06/2017 - 12:56am |

Frank: “I do not think he’s going to get 60 senators to vote to get rid of (Dodd -Frank 2010 Banking Law),” he said. “So what you then have, I believe, is he’s going to appoint people who won’t enforce the law.” Dodd-Frank introduced regulations on the manipulation of derivatives of complex financial instruments like the ones that led to the collapse of AIG.

URL:

http://www.independent.co.uk/news/world/americas/donald-trump-dodd-frank-executive-order-repeal-barney-frank-does-nothing-a7564191.html

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not that the truth matters but they're giving it the old college try anyways, including a good video of Barney Frank's comments in interview:

Despite critics' claims, Dodd-Frank hasn't slowed lending to business or consumers

CNBC - ‎3 hours ago‎

There may be good reasons to overhaul parts of the sweeping Dodd-Frank financial reforms, enacted in 2010 in response to the financial crisis two years earlier.

But concern about a slowdown in bank lending isn't one of them.

President Donald Trump and congressional Republicans have vowed to roll back a wide range of federal regulations — with Dodd-Frank one their top priority targets.

On Friday, Trump ordered the Treasury Department and other financial regulators to review the banking and consumer finance rules created under Dodd-Frank, a law he has called "a disaster."[....]

by artappraiser on Mon, 02/06/2017 - 5:29pm

Barney Frank: Anything Will Go on Trump's Wall Street

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