On the recordMarch 27, 2012
Since the Dodd-Frank Act became law, the Commission has acted like a little child abandoning the old toys and swapping them out for the new.
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congress.govSince the Dodd-Frank Act became law, the Commission has acted like a little child abandoning the old toys and swapping them out for the new.
Capuano criticizes the CFTC's focus on new rules over protecting customer funds.
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I think we are the laggards in this, I was speaking for the United States and our financial system.
Let me point out, since Dodd-Frank, 17 million jobs have been created; 15 million of them under Obama, 2 million under Trump.
I am also very concerned regarding reports that the OCC has found that more banks open accounts without the consent of their customers.
If your bosses told you to do something and you didn't do it for 8 years, how long do you think you would be employed?