On the recordSeptember 6, 2017
The reason we passed Dodd-Frank was that we had a financial crisis that resulted in the loss of $15 trillion in wealth for families.
Source
congress.govCarolyn Maloney: “The reason we passed Dodd-Frank was that we had a financial crisis that resulted in the loss of $15 trillion in wealth…”
Editor's note · Context
Maloney explains the necessity of Dodd-Frank due to a major financial crisis.
Share
More from Carolyn Maloney
Dec 13, 2022
The violence that took place at Club Q follows years of long efforts by some state lawmakers to erase LGBTQ+ people from school curriculum.
Dec 13, 2022
It is high time that Congress gets serious about the cost of anti-LGBTQ hatred and commit to honoring those in its crosshairs with real actions.
Dec 13, 2022
We need to say without apology that people who endanger entire marginalized communities for social media content and fundraising fodder have no place in our politics.
Sep 11, 2025
Today we’re kicking off fashion week and we’re raising money for a very important cause.
Other voices in this conversation
