If the American people come to recognize that the financial crisis was caused by the housing policies of their own government — rather than insufficient regulation or the inherent instability of the U.S. financial system — Dodd- Frank will be seen as an illegitimate response to the crisis. Only then will it be possible to repeal or substantially modify this repressive law.
Peter Wallison, “The Case for Repealing Dodd-Frank,” Imprimis, November 2013 [Volume 42, Number 11].
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Peter Wallison
