Heather McGhee on FinReg Passage
The Wall Street Reform and Consumer Protection Act's consumer reforms, investor protections and new Wall Street rules are necessary for a strong economic recovery. Although the Act falls short of transforming the financial sector in the way that the Glass-Steagall Act did after the last great banking crisis, it represents a victory of the public interest over the status quo in virtually every provision and rule. Demos applauds the tireless efforts of experts and advocates in Washington and across the country who have worked together to create this historic set of reforms."
