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Chairman Bachus Releases Committee Analysis on Dodd-Frank Act’s Perpetuation of “Too Big to Fail” and Bailouts
Washington,
October 17, 2012 -
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.
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