Dodd-Frank Act a Failure?

On July 21, 2014 the House Financial Services Committee Chairman Jeb Hensarling (R-TX) and Oversight and Investigations Subcommittee Chairman Patrick McHenry (R-NC) released a committee staff report that concludes "the Dodd-Frank Act did not end 'too big to fail' as the law’s supporters claim, but actually had the opposite effect of further entrenching 'too big to fail' as official government policy. The report also examines the causes of the 2008 financial crisis and the bailouts to large financial institutions. Both a description of the report and a link to it are available from The Committee on Financial Services press release page.