Political Quotes

Nydia Velázquez: After taking extraordinary steps to stand the losses and stabilize the economy, Congress enacted the Dodd-Frank Act in…

On the recordFebruary 26, 2018
After taking extraordinary steps to stand the losses and stabilize the economy, Congress enacted the Dodd-Frank Act in July 2010 to address the loopholes that caused the collapse.
Said by
Nydia Velázquez
Democratic · New York

Editor's note · Context

Explaining the purpose of the Dodd-Frank Act following the financial crisis.

Share

More from Nydia Velázquez

Jun 6, 2023

Therefore, we must consider the many other drivers of inflation to create a comprehensive policy response, not play political games.

congress.gov
Jun 6, 2023

The effect of inflation on small businesses is no secret. It can dig into margins and contribute to tighter monetary conditions, limiting access to capital and the ability to grow and expand.

congress.gov
Jun 20, 2023

the public housing operating fund will face a 78-percent cut

congress.gov
Jun 21, 2023

We must confront the challenges that cause timelines of project approvals to grow, particularly lack of agency staffing, however, undermining the agencies responsible for protecting our environment is not the solution.

congress.gov

Other voices in this conversation