The colossal bailouts after the 2008 collapse arguably saved the global economy, but they also provoked a ferocious popular backlash.
Category: Dodd-Frank Wall Street Reform and Consumer Protection Act (2010)
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Was This a Bailout? Skeptics Descend on Silicon Valley Bank Response.
The New York Times – Business:The government took drastic action to shore up the banking system and make depositors of two failed banks whole. It quickly drew blowback.
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Supreme Court to Take Up Case on Fate of Consumer Watchdog
The New York Times – Business:A decision against the bureau could cast doubt on every rule and enforcement action the Consumer Financial Protection Bureau has taken.
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Treasury Dept. to Ask Insurers for Data on Climate Risks to Measure Coverage Affordability
The New York Times – Business:The department is proposing to gather information from across the country to establish where climate change is making property insurance unaffordable or inaccessible.
