Rep Cmte Financial Services
Chairman Bachus Releases Committee Analysis on Dodd-Frank Act’s Perpetuation of “Too Big to Fail” and Bailouts
Washington, Oct 17 -
Financial Services Committee Chairman Spencer Bachus today released “The Dodd-Frank Act, the Persistence of ‘Too Big to Fail,’ and the Institutionalization of Government Bailouts.” The report is a seven-page analysis prepared by Committee staff that refutes claims made by Dodd-Frank supporters that the 2,300-page law ends “too big to fail” and ends bailouts.
The report coincides with the publication in yesterday’s print edition of the Washington Times of an op-ed written by Chairman Bachus on the economic impact of the Dodd-Frank Act’s regulatory burden.
Click here to read the report.