Blog Archive

Blog Archive

Saturday, May 21, 2011

postheadericon The costs of Dodd-Frank? Even the Feds donât know

Dodd-Frank is the largest regulatory overhaul in generations and yet businesses and consumers know little about the actual costs of the law. The federal government, notably the Commodity Futures Trading Commission (CFTC), hasn’t helped by politicizing the implementation of the law to hide its costs. 

Lost in the uproar over the Continuing Resolution and the debt-limit hike are the forgotten budgetary (roughly $27 billion over ten years) and supposedly incalculable economic costs of financial reform.

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