Congress Should Help Small Communities by Amending the Dodd-Frank Act

This article originally appeared in The American. Click here to read the full article.

By Ike Brannon

What will Republicans do with both houses of Congress in 2015? Republicans — and a few Democrats — have expressed interest in taking a new look at the Dodd-Frank Act, the landmark 2010 legislation that completely altered the playing field for financial services. The fact that the year-end continuing resolution, which passed with a modicum of bipartisan comity, contained modifications to Dodd-Frank is indicative of the pent-up frustration with certain aspects of the law. Many believe the law has deterred lending and contributed to the slow growth of the last five years.