The hearing, titled " Dodd-Frank Five Years Later: Are We More Prosperous? ", included witnesses Phil Gramm , Senior Partner with U.S. Policy Metrics and former U.S. Senator; R. Bradley Miller , Of Counsel with Grais & Ellsworth and a former member of Congress; and Peter Wallison , Arthur F. Burns Fellow in Financial Policy Studies, American Enterprise Institute. A recurring theme at the hearing was that Dodd-Frank represented overregulation which has stifled economic recovery rather than accelerated it as was intended. rank Act on American prosperity, freedom, and financial stability five years after the controversial law was enacted took place in the House Financial Services Committee on Tuesday. "By any measure we are today experiencing the weakest recovery of a post-war era," Gramm said. "Had this recovery simply matched the strength of the average of the other ten recoveries since World War II, 14.4 million more Americans would be w...
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