In the Margins

Greenspan on Dodd-Frank: Scrap it!

September 23, 2016

By Bloomberg

Former Federal Reserve Chairman Alan Greenspan said the 2010 Dodd-Frank Act hasn't fixed the problem it was designed to tackle and should be scrapped. “I don’t think this bill is working at all and I would like to see it repealed,” he told Bloomberg Television. “But I must admit that the politics are such that that is called wishful thinking.” Read the original story from Bloomberg.