Opposition Dodd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Regulators and the lawyers plenty of stuff to work on. >> which is part of what happened? >> dodd/frank has the potential to end too big to fail, but we haven't done it yet, because it gives the power to the regulators. plus, we're coming up on the third anniversary of that whole process. there is so much power in section 265, they could institute glass-steagall. >> living wills, banks have to write a document saying, if i blow up, here's how you get rid of me without endangering the whole system. >> and here's how you take me through bankruptcy. you don't have to bail me out. but when people ...

They're always measuring and calculating cost/benefit. >> the problem is they're both right, right? dodd/frank is an onerous, burdensome, regulatory morass that puts unnecessary burdens on wall street, but it doesn't go nearly far enough in achieving its objective and ending the threat to the next financial crisis. >> so stop that thought. i want you to explain that. and i want to sort of get a sense of what the obstacle is. like, why do we have all these deadlines that are blown through. why is it 40% of the deadlines of, you know, the regulations haven't been implemented. i want to get a sen...

Way, if money isn't loosened up, this sucker could go down. i remember the tension of those days, like we were sitting on the precipice of an apocalypse. the crater in the housing market got a whole lot bigger. the u.s. economy was contracting at close to 9% quarterly. the dow jones industrial took a swan dive. unemployment reached double digits for the first time in 20 years, and five years later, things are a lot better than they were in the depths of the crisis. there is no question. we're adding jobs, slowly but consistently. gdp growth has expanded to more than 2.5% in the second quarter ...

So is retail spending, possibly a sign that spending might help sustain economic growth in the second half of the year. and in the intervening years, the president signed into law against tooth and nail opposition dodd/frank, the most sweeping financial reform since the great depression, prompting the president to say this. >> the american people will never again be asked to foot the bill for wall street's mistakes. >> but after three years since dodd/frank, there's still a pretty long to-do list. only 40% of the rules in the bill have been implemented, and more than 60% of their deadlines hav...

The president signed into law against tooth and nail opposition dodd/frank, the most sweeping financial reform since the great depression, prompting the president to say this. >> the american people will never again be asked to foot the bill for wall street's mistakes. >> but after three years since dodd/frank, there's still a pretty long to-do list. only 40% of the rules in the bill have been implemented, and more than 60% of their deadlines have been missed. in an eye-opening speech today, senator elizabeth warren, who made her political career off of seeing the financial crisis coming and h...