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Whitman DemocratsFollow

The Whitman County Democrats coordinate the political organization and activity of the Democratic Party in Whitman County. #waelex #WA05 #WA #HD09 #LD09

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The Dodd-Frank Act also established the Consumer Financial Protection Bureau (CFPB), tasked with preventing predatory and subprime mortgage lending, and the Volcker Rule, which prohibits banks from engaging in the riskiest trading activities.

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The Dodd-Frank Act created the Financial Stability Oversight Council (FSOC) to monitor the activities of big banks deemed “too big to fail,” and to break up or liquidate banks that pose a systemic risk to the U.S. economy.

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in 2018, Donald Trump removed the Dodd-Frank regulations that would have prevented the Silicon Valley Bank collapse.

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