Barack Obama actually said...

no firm should be too big or complicated to fail and that taxpayers should not bear the costs of resolution

Our collective challenge is to summon the political will to embrace these instruments and standards, strengthen them where appropriate, but ...

the Dodd-Frank Act closes these loopholes and creates accountable regulation for all firms that pose the most risk to the financial system

the Dodd-Frank Act will benefit those businesses that use derivatives to manage their commercial risks