Wednesday, April 7, 2010 as of 11:14 AM ET
The Dodd–Frank Wall Street Reform and Consumer Protection Act (, ) is a federal statute in the United States that was signed into law by President Barack Obama on July 21, 2010. The Act implements financial regulatory reform sponsored by the Democratically controlled 111th United States Congress and the Obama administration.
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President Obama and Congressional Democrats have shifted into full campaign mode, using every taxpayer funded campaign stop to raise money and continue their efforts to incite class warfare around the country.
While these intentionally divisive methods seem at odds with the president's 2008 message of "hope and change," it makes sense when you consider that the full effect of their legislative performance is only now becoming clear.The shortfalls of the Affordable Care Act, dubbed by politicos and the media as "ObamaCare", have already been well documented; the legislation could be struck down by the Supreme Court later this year. However, almost simultaneously, came the "shock and awe" from members of Congress who muscled through the Dodd-Frank Wall Street Reform and Consumer Protection Act. Thi is a piece of legislation that reconfigured the financial industry with the same broad strokes they used on ObamaCare. Playing off lingering resentment toward Wall Street in the wake of the ...With the startling news last week of JP Morgan Chase's $2 billion trading loss and the attention the bank has earned in the fallout from politicians, the news media,...
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JPMorgan Chase's $2 billion loss from betting on corporate bonds will embolden advocates of the Volcker Rule—a provision of the 2010 Dodd-Frank law that will prohibi...
Republicans were poised Wednesday to bash a Democratic-run commission that investigated the financial meltdown, when Democrats counterpunched with a report that shar...
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Profits at big U.S. companies broke records last year, and so did pay for CEOs.The head of a typical public company made $9.6 million in 2011, according to an analys...
Having grown up on a family farm, I am all too familiar with the effects a drought can have on a crop. Today's small business owners are facing a drought of a differ...
A Congolese general who recently defected from the army and is believed to be behind the country's most recent rebellion is apparently bankrolling the operation with...
This week marks one year since the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 was signed into law. It's been one year since Rep. Barney Frank ...
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Lawmakers hold hearing into $2 billion trading loss
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FOX BUSINESS' Charlie Gasparino joined the Tom Sullivan Show to discuss the JP Morgan mess. Gasparino says banks like JP Morgan are too big and it's time they get broken up!
JPMorgan Chase faces intense criticism for claiming that a surprise $2 billion loss by one of its trading groups was the result of a sloppy but well-intentioned stra...
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