One might be forgiven for believing that the Republicans have a death wish. No longer able to run on a credible national security platform, they appear to be positioning themselves on another four losing propositions: * refusing to lift the debt ceiling, even though business leaders as prominent as Jamie Dimon have deplored the irresponsibility…
The Dodd-Frank Act has placed unprecedented responsibilities on the financial regulators to ensure financial stability and bank safety and to promote consumer protection. Many commentators have been skeptical of the reforms contained in the Act for this reason: after all, weren’t regulators part of the problem to begin with? So it is critically important that…
Last Wednesday, July 21, 2010, eighteen months after taking office, President Barack Obama used eleven pens to sign into law the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. In the tradition of many Presidents before him, Obama made use of multiple pens. He did so to create historic artifacts – or souvenirs…
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