Accretion of Power, Illusion of Reform
By Charlotte Twight
The Dodd-Frank Act, ostensibly passed to address causes of the financial crisis of 2007-2009, created government entities whose powers may be setting the stage for even worse problems with the financial system. With this Act, federal officials acquired vast, open-ended, easy-to-abuse powers, and they secured the Act's passage using tactics making it difficult for the public to comprehend, resist, or modify the bill. Even repeal of Dodd-Frank is made difficult by its statutory language.
|Other Independent Review articles by Charlotte Twight|
|Fall 2017||Passing the Affordable Care Act:Transaction Costs, Legerdemain, Acquisition of Control|
|Winter 2015/16||Through the Mist:American Liberty and Political Economy, 2065|
|Spring 2008||Sovereign Impunity|
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