Another Trump Win coming?
Dodd-Frank hurt the economy.
Parts of it are worth saving, parts need to be trashed, and some stuff it didn’t cover, needs to be looked at.
How can all this happen? When the Democrats aren’t even talking to Trump?
Trump reaches across the aisle every single time, and I think, eventually, the Democrats will reach back.
Here’s a little evidence, I might be right:
CBS Moneywatch — Republican efforts to roll back the Affordable Care Act, net neutrality and tax rates for corporations have all attracted fierce opposition from Democrats and left-leaning voters.
Yet a new GOP effort to dismantle Obama-era financial regulations is gaining traction, thanks to support from Democrats.
The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 was created to strengthen rules for the country’s largest financial institutions, with the goal of avoiding a repeat of the devastating crisis that caused millions to lose their homes, jobs and retirement savings.
The bill may not be surprising on the face of it, given that some Republican lawmakers have been itching to roll back all or part of Dodd-Frank for years. Yet it has a dozen Democratic co-sponsors, which makes it a rare bipartisan effort, a backing that Brookings Institution’s Aaron Klein described as culminating from an “old-school traditional approach” to creating legislation that crosses the aisle.