We sure did when Frank-Dodd was written by the legislative and then signed into law by the executive.

GP's comment is about the aftermath of 2008, entirely missing the fact that the legislative did in fact create laws which were signed by the executive and then later, in 2018, dismantled under a different administration.

It's a matter of simple facts here.

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badpun 10 hours ago | parent [-]

Frank-Dodd wasn't nearly as strict as the post-1929 regulation (Glass-Steagall act) that actually prevented such crisies for half a century.

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CharlieDigital 8 hours ago | parent [-]

Sure, but is that Obama's fault? See GP

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badpun 8 hours ago | parent [-]

If it wasn't in his power to toughen regulation, why did he promise it in his campaign?

	▲	CharlieDigital 4 hours ago \| parent [-]
		So do you or do you not understand how the branches of government work? An executive's promise can only mean "I will sign the bill" because aside from executive orders, legal structures originate from the legislative.