Public outcry demanded the federal government to take action.
Congress responded with the Dodd-Frank Wall Street Reform and Consumer Protection Act, referred to as “Dodd-Frank” hereafter.
Over the course of several months Dodd embarks on a journey to rejoin his beloved unit.
Along the way he causes as much mayhem as possible by killing French and training Portuguese irregulars.
The goal was to reform financial institutions and protect the average American. The average American has started to feel the stringent standards imposed by Dodd-Frank, and they’re collectively realizing its negative impacts; the importance of discussion changes to existing provisions will dict...
[tags: Subprime mortgage crisis, Mortgage, Mortgage loan] - A brief history into its creation is when this all began when the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) was put into place July 21, 2010 by President Barrack Obama, in order to combat the Great Recession.
The two had travelled a long way together when finally they had come behind the French lines.
Not far away there was a village of locals that Dodd had found and became their leader due to his military experience.
It made changes in the American financial regulatory environment that affect all federal financial regulatory agencies and almost every part of the nation’s financial services industry.
Like Glass-Steagall, the legislation passed after the Great Depression, it sought to regulate the financial markets and make another economic crisis less likely....