Defending Wall Street Reform

The Dodd-Frank Wall Street Reform and Consumer Protection Act, passed in July 2010, represents a significant step toward reining in the big banks and stabilizing the U.S. economy. Nevertheless, Wall Street and its allies in to try to halt the law’s implementation. As federal regulators write the rules the financial industry will be required to follow, the financial industry is lobbying those regulators for loopholes and exemptions. Meanwhile, lawmakers operating under Wall Street’s influence are trying to cut funding for agencies that police the financial sector and repeal consumer protections.

Public Citizen is advocating for full implementation of Dodd-Frank and urging lawmakers to take the next steps toward stabilizing our financial system.

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Resources on Defending Wall Street Reform

 

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