Financial Reform 5 Years Later: Promise Unfulfilled

The Huffington Post  by Preeti Vissa It’s been five years since President Obama signed the Dodd-Frank financial reform act on July 21, 2010, saying the law would “lead all of us to a stronger, more prosperous future.” Despite some positive…
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Meaningless Federal Financial-Institution Diversity Standards Just Released

DiversityInc by Barbara Frankel Six federal agencies recently released joint standards to assess diversity efforts of the financial institutions they represent. Unfortunately, the standards have no means of accountability — they are entirely voluntary and require only self-assessment. The standards…
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Five Years Later, Slow Progress on Dodd-Frank Reforms

Five years ago this month, our economy was in a world of hurt. From the Dow’s record one-day plunge to Lehman Brothers filing for bankruptcy, the pain was spread far and wide. But it was underserved communities who took the…
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