A Dodd-Frank Reality Check

Told there will be a Dodd-Frank review, we can imagine many thousands of pages of rules targeting consumers, financial firms and an entire financial system.

Consumer Financial Protection

I have been curious about why the new Bureau of Consumer Financial Protection (BCFP), established by the Dodd-Frank financial reform bill, is an independent bureau within the Federal Reserve. While I have not discovered a satisfactory answer, I have learned…