Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Even a coauthor of the Dodd-Frank act said that the repeal didn't contribute.

> "I don't think that had any effect," said Frank, who retired from Congress in 2012. "I don't think there was any laxity on the part of regulators in regulating the banks in that category, from $50 billion to $250 billion."

https://markets.businessinsider.com/news/stocks/signature-ba...



Fair point, but reading the story critically, it doesn’t really say what you’re interpreting.

Frank, a board member of another failed bank, certainly has an interest in a position that everything is fine.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: