While the politics are treacherous, the next president cannot avoid financial reform, so the candidates shouldn’t avoid the topic during the campaign, writes Hutchins Center on Fiscal and Monetary Policy Director and Brookings Senior Fellow David Wessel. He suggests that candidates take a close look at what Dodd-Frank and the Consumer Protection Act of 2010 have accomplished, what U.S. and global financial regulators have completed, and then decide what needs to be changed to shield the nation and the rest of the world from another financial meltdown.
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