Tuesday, July 21, 2015 marks the fifth anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act . As Dodd-Frank turns five, congress members and industry leaders examine just how effective the reform act has been within the government agencies to which it was applied. These agencies include: U.S. Commodity Futures Trading Commission (CFTC), U.S. Securities and Exchange Commission (SEC), Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency (OCC), and the Consumer Financial Protection Bureau (CFPB). Rep. Jeb Hensarling (R-Texas), chairman of the House Financial Services Committee, delivered a speech today at the American Enterprise Institut e (AEI), discussing the where the U.S. stands with Dodd-Frank and what reforms need to be enacted for more economic growth. The Dodd-Frank Act was enacted by Congress in the wake of the financial crisis. Congress believed that the crisis was caused by insufficient ...
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