On the recordSeptember 29, 2010
What we have done with this legislation is to eliminate the gaps, the overlaps, and the shortfalls that allowed some financial actors to game the regulatory structure.
Source
congress.govWhat we have done with this legislation is to eliminate the gaps, the overlaps, and the shortfalls that allowed some financial actors to game the regulatory structure.
Dodd discusses the intent of the legislation to strengthen financial regulation.
Share
More from Chris Dodd
President Clinton, to his eternal credit in my view, just does not quit on this issue.
The truth is that the catastrophe was years in the making caused by regulatory negligence and Wall Street gambling.
I'll tell you, one of the things I feel very good about is that there are people like Bob Menendez, who care about these issues.
I had hoped we'd get in the lame duck session to the ratification of the Colombian Free Trade Agreement and the Panamanian Free Trade Agreement.