ADVERTISEMENT

Barney Frank, liberal icon who regulated a ‘too big’ financial industry, dies at 86

ADVERTISEMENT

judged to be “too big to fail.” It established new liquidity requirements and stress tests for banks; as well as the Volcker Rule, which limits banks’ ability to make risky investments with customer deposits.

Dodd-Frank also created the Consumer Financial Protection Bureau (CFPB), which was charged with preventing financial abuse and standing up for continue reading …

ADVERTISEMENT

Leave a Comment

ADVERTISEMENT