FSC Majority | Week in Review
Committee Explores Dodd-Frank's Impact on Financial Stability On Thursday, the Financial Services Committee held the first of a series of planned hearings on the impacts the Dodd-Frank Act has had in the five years since it was signed into law. Thursday’s hearing focused on whether Dodd-Frank has made the financial system more or less stable, and it comes on the heels of a report from the Financial Stability Oversight Council (FSOC) that many of the systemic risks identified by FSOC are the direct result of government policies, including Dodd-Frank. Dodd-Frank’s Volcker Rule, for example, has ... Read More »