The 2008 financial crisis was a major event whose causes will be debated for years. Conventional wisdom holds that the crisis was caused by Wall Street greed and insufficient regulation, although many economists blame the crisis on a housing bubble fed by various government policies. With little forethought, Congress responded by enacting the most comprehensive overhaul of financial regulation since the New Deal: The 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act.
Has implementation of Dodd-Frank lessened the likelihood of another financial crisis? Are some financial institutions “too big to fail,” and does Dodd-Frank remedy the risk they pose? Can taxpayers be assured that they won’t be bailing out big banks in the future? Join us as leading experts address these and other important questions.
More About the Speakers
Opening Remarks by
The Honorable Richard Shelby (R-AL)
Chairman, Senate Committee on Banking, Housing, and Urban Affairs
Followed by a Discussion with
Paul G. Mahoney
Dean, University of Virginia Law School
Political Reporter, The Hill
Research Fellow in Financial Regulations,
Thomas A. Roe Institute for Economic Policy Studies, The Heritage Foundation
Senior Research Fellow in Regulatory Policy