Dodd–Frank Wall Street Reform and Consumer Protection Act.
regulatory act implemented by the Obama administration after the 2008 financial crisis
John Kennedy Tells Chief Biden Regulator Point Blank That His Agency Is ‘Operating Illegally’
Republican Louisiana Sen. John Kennedy accused the Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra on Wednesday of operating his agency in an illegal manner. The Dodd–Frank Wall Street Reform and…
Reporting · 1 source · Jul 1, 2026Read itThe journal
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About Dodd–Frank Wall Street Reform and Consumer Protection Act
The Dodd–Frank Wall Street Reform and Consumer Protection Act, commonly referred to as the Dodd–Frank Act, is a United States federal law enacted on July 21, 2010, as the primary legislative response to the 2007–2008 financial crisis—the worst financial crisis since the Great Depression. Named for its sponsors, Senator Chris Dodd and Representative Barney Frank, the law was signed by President Barack Obama on July 21, 2010. Its stated purposes are to promote financial stability, end "too big to fail," prevent taxpayer-funded bailouts, and protect consumers from abusive financial practices.
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