The Hill News

In the State of the Union, the president continued to harangue the financial services industry as if nothing had changed over the last four years, saying “It’s time to apply the same rules from top to bottom: no bailouts, no handouts, and no copouts.” 

But the reality is a lot has changed.

The system is safer and stronger than ever.  And the startling truth is that many of these changes have been the result of industry initiative, since 70% of the Dodd-Frank Act has not been implemented yet.

Consider the following:

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