Terrible law under fire
NY Times:
This law was part of a massive cover up by the Democrats to shift responsibility for the financial crisis to the banks who were victims of their policy of forcing them to loan money to people who could not afford to pay for their mortgage. It was the Democratic policy that forced these questionable instruments into the banking system and nearly collapsed it, then the conspired to cover up their mess with Dodd-Frank and shakedown the banks in the process. If there is anything good and worth saving in the colossal mess it is not obvious.Kicking Dodd-Frank in the Teeth
New legislation, promoted as making only technical changes in a financial regulation law, could end up gutting some of its provisions.
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