Will Dodd-Frank Rollback Move U.S. Closer to Crisis?

The transcript discusses the potential risks and consequences of repealing the Dodd-Frank Act, highlighting concerns about weakening consumer and investor protections. It examines the impact of deregulation on the financial system, including specific regulations under threat. The banking industry's response to past regulations and the public's concerns about financial protections are also explored.

What is a major concern if the Dodd-Frank Act is repealed?

• Stronger investor protections

• A potential financial crisis

• A more innovative economy

• Increased consumer protection

Which regulatory body is mentioned as being targeted for weakening?

• Federal Trade Commission

• Consumer Financial Protection Bureau

• Securities and Exchange Commission

• Federal Reserve

How have banks responded to regulations since the financial crisis?

• They have opposed all regulations

• They have ignored compliance measures

• They have implemented new compliance regimes

• They have reduced transparency

What are families primarily concerned about regarding financial regulations?

• Lower interest rates

• Increased bank profits

• Access to safe mortgages

• The Volcker Rule

What is a concern for military families in terms of financial protection?

• Lack of student loan options

• Abusive payday lending

• High mortgage rates

• Increased retirement savings