Dodd-Frank was actually a pretty major piece of legislation which implemented a bunch of regulations that effectively limited the sort of foolish and predatory behavior that directly led to the 2008 crash.
A huge chunk of these regulations got gutted back in 2018, and this recent push is intended to largely eliminate the rest.
Did anybody make any rules to prevent a 2008-style crash? I thought it was a bail out and then right back to it.
Dodd-Frank was actually a pretty major piece of legislation which implemented a bunch of regulations that effectively limited the sort of foolish and predatory behavior that directly led to the 2008 crash.
A huge chunk of these regulations got gutted back in 2018, and this recent push is intended to largely eliminate the rest.