Dodd-Frank Tipped The Scale In The Wrong Direction


When Dodd-Frank was enacted, we were told it was necessary to rein in the bad actors from Wall Street that brought the economy to its knees in 2008. Nearly 10 years later some of the largest banks are experiencing record profits while smaller institutions, like credit unions and small banks, are laboring under regulatory burdens never intended for them.

By serving small businesses to first-time home buyers and everything in between, credit unions and small banks are the backbone of our communities. Unfortunately, more and more of their time is spent on compliance – dealing with regulations intended for Wall Street that keep …

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