Congressional Hearing: Assessing the Dodd-Frank Act Five Years Later
January 1, 2016
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The Frame
This served as a formal legislative review of the , which established the current regulatory framework for the U.S. financial system, impacting how banks operate and how consumers interact with financial products.
Potentially affected actors named in the source documents. Mention is not a position.
Financial institutions
These entities are subject to the regulatory requirements and oversight established by the Dodd-Frank Act.
Consumers
Consumers are impacted by the financial protections and market regulations mandated by the Dodd-Frank Act.
Last recorded activity January 1, 2016.
Next step not available in the current record.
Summary
Key Facts
- The hearing took place on September 17, 2015, in the Rayburn House Office Building.
- This was the third of three hearings conducted by the committee to mark the fifth anniversary of the Dodd-Frank Act.
- Five expert witnesses provided testimony: C. Boyden Gray, Deepak Gupta, David A. Skeel Jr., Matthew Spalding, and Todd J. Zywicki.
- The hearing record includes prepared statements from all five witnesses and written responses to follow-up questions from Representatives Hultgren and Murphy.
- The committee formally recognized the 228th anniversary of the signing of the U.S. Constitution during the proceedings.
Frequently Asked Questions
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Why It Matters
This served as a formal legislative review of the , which established the current regulatory framework for the U.S. financial system, impacting how banks operate and how consumers interact with financial products.
News Coverage
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Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Five-Year Review Cycle
The committee utilized the five-year anniversary of a major law to conduct a series of three hearings to evaluate its long-term economic impact.
Connected Entities
Sources
www.govinfo.gov
Analysis Score
0–100- Significance60How much this matters to a regular citizen
- Controversy50Intensity of disagreement among stakeholders
- Entertainment10Compellingness for a non-policy-wonk reader
- Buzz20Current news / social attention level
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