2018-05-2018 Dismantling Dodd-Frank
| By:
Brad Beckett
In a recent episode of Real Estate News for Investors, Kathy Fettke discusses the recent Dodd-Frank reform measure that passed Congress and was signed into law by President Trump on May 24th. The reform legislation dismantles parts of the original Dodd-Frank Wall Street Reform and Consumer Protect Act that was signed into law in 2010. It was meant to prevent another financial collapse like the one in 2008, but many people feel it went too far, especially for smaller banks and credit unions that were subjected to the same strict rules as their larger Wall Street counterparts. And it’s the small banks that will benefit from this reform legislation.
Kathy Fettke is the Co-Founder and Co-CEO of Real Wealth Network and is passionate about researching and then sharing the most important information about real estate, market cycles and the economy. She’s author of the #1 best-seller, Retire Rich with Rentals, Kathy is a frequent guest expert on such media as CNN, CNBC, Fox News, NPR and CBS. Her podcasts are a good one to add to your playlist.Click here to read the transcript on RealWealthNetwork.com.