US Senator Shelby Hammers on Dodd-Frank
U.S. Senator Richard Shelby aka Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs, spoke actively against the benefits of Dodd-Frank at Harvard Law School. He commented on various flaws with the now 5 year old law including vesting "more authority in unelected, unaccountable bureaucrats," producing "thousands of pages of new, complex regulations and layers of new bureaucracy," and the need to "recognize its flaws and make the necessary changes.” [10/16/15]