CONGRESSMAN BACHUS RELEASES REPORT ON DODD-FRANK ACT |
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WASHINGTON (October 17) – Chairman Spencer Bachus (AL-6), Chairman of the House Financial Services Committee, today released “The Dodd-Frank Act, the Persistence of ‘Too Big to Fail,’ and the Institutionalization of Government Bailouts.” The report is a seven-page analysis prepared by Committee staff that refutes claims made by Dodd-Frank supporters that the 2,300-page law ends “too big to fail” and ends bailouts. The report coincides with the publication in yesterday’s print edition of the Washington Times of an op-ed written by Chairman Bachus on the economic impact of the Dodd-Frank Act’s regulatory burden. Click here to read the report. |