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Undated: The Dodd–Frank Wall Street Reform and Consumer Protection Act (Pub.L. 111–203, H.R. 4173, commonly referred to as Dodd–Frank) was signed into United States federal law by US President Barack Obama on July 21, 2010.[1] Passed in response to the 2008 global financial crisis, the Act brought the most significant changes to financial regulation in the nation since the regulatory reform that came following the Great Recession.[2][3][4][5] It made changes in the American financial regulatory environment affecting all federal financial regulatory agencies and almost every part of the nation's financial services industry.[6][7]
https://en.wikipedia.org/wiki/Dodd%E2%80%93Frank_Wall_Street_Reform_and_Consumer_Protection_Act
Undated: The Politics of Crisis
In a rare joint interview, former Sen. Chris Dodd and former Rep. Barney Frank, the lawmakers behind one of the country’s largest financial reform bills, talk about their biggest regrets during the financial crisis, why there won’t be any more bailouts and why they’re not worried about major rollbacks to Dodd-Frank.
https://features.marketplace.org/politicsofcrisis/
-- 2016 --
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November 15: Trump's Call to 'Dismantle' Dodd-Frank: The Effect on Banks
Experts Predict Less Regulatory Scrutiny of Financial Institutions
Dodd-Frank, drafted in response to the 2008 financial crisis, called for, among other things, establishing the Consumer Financial Protection Bureau, a government agency responsible for protecting consumers from unfair, deceptive and fraudulent business practices.
Although Trump stated during the campaign that he would work to repeal Dodd-Frank, his specific views on dismantling CFPB are not known, USA Today reports. And CFPB's structure makes it even harder to dismantle than Obamacare, so complete elimination is unlikely, one consumer advocate told the publication.
Some fraud-prevention experts and former regulators, however, surmise that dismantling Dodd-Frank would greatly reduce the powers of the CFPB - the agency that in September led the charge to fine the country's third-largest bank, Wells Fargo, $185 million for identity theft and violating the privacy of bank customers (see Regulators Slam Wells Fargo for Identity Theft).
https://www.bankinfosecurity.com/trumps-call-to-dismantle-dodd-frank-effect-on-banks-a-9533
-- 2017 --
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February 3: With A Stroke Of The Pen, Donald Trump Aims To Wave Goodbye To The Dodd Frank Act
[Dodd-Frank was] ... the sweeping banking legislation put in place by the administration of President Barack Obama in response to the 2008 financial crisis.
The Act, signed into law in 2010, re-shaped Wall Street and the American banking industry. For America's largest lenders, it forced firms to undergo a host of new regulatory exams and pare back their lucrative but illiquid private equity and hedge fund investments. Some mid-sized banks felt the weight of Dodd Frank, as firms with over $10 billion in assets and $50 billion in assets were subjected to increased surveillance.
https://www.forbes.com/sites/antoinegara/2017/02/03/with-a-stroke-of-the-pen-donald-trump-will-wave-goodbye-to-the-dodd-frank-act/#c7cc97e11481
-- 2018 --
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January 16: Trump calls for looser rules for bank loans in Dodd-Frank overhaul
https://thehill.com/policy/finance/369224-trump-calls-for-looser-rules-for-bank-loans-mortgages-in-dodd-frank-overhaul
January 26: Dodd-Frank Act - HISTORY
https://www.history.com/topics/21st-century/dodd-frank-act
March 19: With Rollback, Dodd-Frank Is Now Officially A Dud
Among the likely changes to Dodd-Frank: raising the threshold for tougher oversight from the current $50 billion in assets to $250 billion; exempting small banks from the so-called Volcker rule, which currently bars them from speculative trading; reducing the amount of financial reporting, particularly racial and income data on mortgage holders; lowering the frequency of regulatory exams; and easing the conditions of stress tests.
https://www.forbes.com/sites/greatspeculations/2018/03/19/with-rollback-dodd-frank-is-now-officially-a-dud/#76997bd44749
May 21: Trump wounds but can't kill Obama's Wall Street rules
... despite Trump’s promises to “do a big number” on Dodd-Frank, the bipartisan bill that is likely to be approved by the House as early as Tuesday leaves many of the Republicans’ most-hated provisions of the law in place, including the foundations of the Consumer Financial Protection Bureau and the government’s power to unwind failing megabanks.
https://www.politico.com/story/2018/05/21/trump-obama-wall-street-rules-555048
May 24: Trump signs the biggest rollback of bank rules since the financial crisis
https://www.cnbc.com/2018/05/24/trump-signs-bank-bill-rolling-back-some-dodd-frank-regulations.html
May 24: Scaling back Dodd-Frank is just the beginning of Trump's run on deregulation
"Instead of draining the swamp, the Trump administration is telling the alligators … that the zookeepers are taking a nap."
https://www.nbcnews.com/business/economy/scaling-back-dodd-frank-just-beginning-trump-s-run-deregulation-n877031
May 25: Mick Mulvaney Is Having a Blast Running the Agency He Detests
Trump’s pick to lead the Consumer Financial Protection Bureau says he wants to give it the credibility of the SEC.
One of the first things Mick Mulvaney did last year after President Trump asked him to be acting director of the Consumer Financial Protection Bureau was to read the statute dictating the agency’s powers. Created by the landmark Dodd-Frank Act of 2010, the CFPB was designed to protect consumers from the abuses of the financial industry and is one of the Democratic Party’s proudest recent achievements.
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Mulvaney was no fan of the agency, having repeatedly attacked its very premise during his three terms as a Tea Party Republican in Congress. But he’d apparently never taken the time to study the statute governing it: Title X of Dodd-Frank. When he finally did, he was astonished by what was missing, namely a federal agency known as the CFPB.
https://www.bloomberg.com/news/features/2018-05-25/mick-mulvaney-on-the-cfpb-we-re-still-elizabeth-warren-s-child
May 25: No, Dodd-Frank was neither repealed nor gutted. Here's what really happened.
https://www.brookings.edu/research/no-dodd-frank-was-neither-repealed-nor-gutted-heres-what-really-happened/
May 31: Trump, the Volcker Rule, and Dodd-Frank rollback
While it’s no surprise that Republicans are acting to undo a law they almost uniformly opposed when it passed in 2010, back then, Republicans claimed to have alternate solutions to the problems with the pre-crisis regulatory framework.
Today they’ve completely given up on those alternate solutions. They’re tearing down the safeguards and putting nothing in their place while assuming, rightly, that nobody is paying attention. One day there will be a price.
https://www.vox.com/policy-and-politics/2018/5/31/17411924/trump-volcker-rule-republicans-big-banks
-- 2019 --
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May 24: Trump signs the biggest rollback of bank rules since the financial crisis
The measure designed to ease rules on all but the largest banks passed both chambers of Congress with bipartisan support. Backers say the legislation will lift burdens unnecessarily put on small and medium-sized lenders by the Dodd-Frank financial reform act and boost economic growth.
Opponents, however, have argued the changes could open taxpayers to more liability if the financial system collapses or increase the chances of discrimination in mortgage lending.
https://www.cnbc.com/2018/05/24/trump-signs-bank-bill-rolling-back-some-dodd-frank-regulations.html
-- 2020 --
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