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picture1_Dodd Frank Act Pdf 94865 | R41350


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File: Dodd Frank Act Pdf 94865 | R41350
The Dodd-Frank Wall Street Reform and Consumer Protection Act: Background and Summary Baird Webel, Coordinator Specialist in Financial Economics April 21, 2017 Congressional Research Service 7-5700 www.crs.gov R41350 ...

icon picture PDF Filetype PDF | Posted on 19 Sep 2022 | 2 years ago

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...The dodd frank wall street reform and consumer protection act background summary baird webel coordinator specialist in financial economics april congressional research service www crs gov r beginning u s conditions deteriorated leading to near collapse of system september major commercial banks insurers government sponsored enterprises investment either failed or required hundreds billions federal support continue functioning households were hit hard by drops prices real estate assets a sharp rise unemployment congress responded crisis enacting most comprehensive legislation since then treasury secretary timothy geithner issued plan summer that served as template for both house senate after significant revisions president obama signed h now titled p l into law on july perhaps issue was how address systemic fragility revealed created new regulatory umbrella group chaired stability oversight council fsoc with authority designate certain firms systemically important subjecting them all mo...
								

							

						
	
												
				
					
					
					
			
					
				
				
		
	

	
		





	

	
				

						

						
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Posted on: 19 Sep 2022 | 2 years ago
										
										
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