President Trump’s First 100 Days: Steps Toward Financial Services Reform

Dismantling the Dodd–Frank Act, reducing other regulatory burdens, and building a sustainable housing-finance system will help end bailouts, devolve power away from Washington, DC, hold Wall Street and government regulators accountable, and empower Americans to achieve financial independence by preserving consumer choice.

Key Takeaways

  1. The Dodd–Frank Act is every bit as far-reaching in its consequences for the U.S. economy as Obamacare is for the U.S. health care system.
  2. More than six years since it was enacted, Dodd–Frank has clearly failed to produce the outcomes it’s proponents promised.
  3. The only jobs that Dodd–Frank created were for a cottage industry of inside-the-Beltway lawyers, lobbyists, compliance specialists, and bureaucrats.