The Damned Dodd-Frank obscenity was an absolute DISASTER
Yeas it is but it is a great windfall for the democrats. It was easy to force banks into policies that do not make any sense at all and if refused they would be subject to huge fines and penalties.
It stopped companies going to the NYSE to have IPOS and sent them to the European exchanges; IF they even went for the IPO at all. So in fact, is took money out of America ( off-shoring for no reason ), by action AND inaction, stalled companies from expansion, stopped new jobs being created, kept regular people from getting new jobs, and so much more!
There's SO much in the damned Dodd-Frank, that it's head spinning.
The same banks that created mortgage tranches that almost destroyed the economy?