Dodd-Frank, Obamacare And The Erosion Of The Rule Of Law
Just four months later, on July 21, 2010, Obama signed another monstrosity into law: the Dodd-Frank financial reform bill, an 850-page bill that has generated over 2,000 pages of interpretive regulations so far and could require “as many as 398 new regulations,” according to the Competitive Enterprise Institute. “Worse,” according to The Economist magazine, “every other page demands that regulators fill in further detail. Some of these clarifications are hundreds of pages long.”