Dodd-Frank Has Led to Job Reduction

                     

That was not the purpose that Congress and the administrations assigned to this bill in 2010. The administration says it wants jobs.

                       

Take bank regulation as only one illustration. And within that, look at just one bank, the Bank of America, which then announced layoffs of 30,000 employees. All because of a loss of revenues dictated by only part of the many strait- jacket-type regulations of Dodd-Frank.

                       

Yet many of the Dodd-Frank regulations still haven’t been fully imposed years after passage. Great for a job recovery!! (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)