The Hill News

The 2,300-page bill known as the Dodd-Frank bill is the most significant piece of legislation concerning the financial services industry in nearly 80 years.

In the wake of the financial crisis which sent the U.S. economy into a downward spiral at the end of 2008, the need for meaningful and responsible reform of the financial services industry was very clear. But with a problem of this magnitude, rushing to a solution with a “ready-fire-aim” approach is a recipe for disaster.

Read more...