Essay Series Marks Dodd-Frank One Year Anniversary
On the one-year anniversary of the signing of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Roosevelt Institute launched a new series of short essays aimed at examining the current state of financial markets one year later.
In the series, published on the blog New Deal 2.0, Roosevelt Institute fellows and outside experts explore what the law has achieved and warn that excessive risk-taking and leverage in the financial system continues. They note that despite positive developments, such as the creation of a Consumer Financial Protection Bureau and the auditing of the Federal Reserve, the law has failed to address the structural flaws that led to Great Recession.
The series includes:
A set of four <exclusive interviews> conducted by Roosevelt Institute Fellow Mike Konczal in which experts discuss what the law has achieved, where it’s failed, and how issues of implementation and repeal attempts would impact its efficacy.
o Marcus Stanley: Dodd-Frank Can’t Be the End of the Story
o Wally Tuberville: On Dodd-Frank Anniversary, Waters Still Murky on Clearinghouses
o Economics of Contempt: Dodd-Frank is Far from Dead on Arrival
And three short essays by Roosevelt Fellows:
o Tom Ferguson’s Dodd-Frank: Whose Law Is It, Anyway?
o Matt Stoller’s Dodd-Frank Made No Structural Changes to Banking System