Polls Showing Approval of Dodd-Frank Financial Agency Are Highly Misleading

With President Donald Trump and congressional Republicans taking steps to undo Dodd-Frank financial regulations, one agency at the heart of Dodd-Frank has become the object of increased attention.

That agency is known as the Consumer Financial Protection Bureau. It was created by the Dodd-Frank law passed in the wake of the 2008 financial crisis.

Those trying to dismantle the law claim its complex system of rules and high compliance costs hit small businesses and consumers hardest, and the Consumer Financial Protection Bureau’s lending regulations in particular make it hard for Americans to access credit.

Proponents say the move panders to Wall Street and increases the risk of another financial crisis.

read more here: http://dailysignal.com/2017/02/16/polls-showing-approval-of-dodd-fr...

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