RealClear Radio Hour – Dodd-Frank Star Chamber

Dodd-Frank Star Chamber

May 7, 2016

Kyle Hauptman, Executive Director of Main Street Growth Project and member of the SEC Advisory Committee on Small and Emerging Companies, recounts his time at Lehman Brothers during the 2008 bankruptcy. He discusses how federal regulators’ overzealous response significantly impacted local community banks, which played no role in the financial crisis. Hauptman argues Dodd-Frank created a tepid recovery, forestalling new small businesses—the biggest job creators—from launching.

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