For the better part of a decade, the Federal Reserve has worked with other regulators to build out the post-crisis regulatory framework. This framework, centered on the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, was designed to address the causes of the financial crisis. Some observers have said that certain Dodd-Frank reforms made banks and the financial system more resilient than they were pre-crisis. Others have argued that parts of DoddFrank have created burdens for financial institutions, without creating equally valuable benefits for the strength of those institutions or the broader financial system.
How The Federal Reserve Might Approach Regulatory Reform
March 14, 2018