Why Killing Dodd-Frank Could Lead to the Next Crash

Why Killing Dodd-Frank Could Lead to the Next Crash

In the age of Trump, bipartisanship is considered a sin. So one would think that when Republicans and Democrats do pass a law together, it'd be for something so popular, it couldn't be questioned politically: a nonbinding resolution on the cuteness of puppies, maybe, or a national ice cream giveaway.

Nope. The rare bipartisan bill turned out to be a rollback of the Dodd-Frank financial-reform act. More than 80 percent of Democrats and two-thirds of Republicans want tougher rules on banks. Yet this was our Trump-era kumbaya moment: a bank deregulation bill!

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