Falling Bank Fines Under Trump Won't Lead to More Risky Activity, Barney Frank Says
TheStreet speaks with former Congressman Barney Frank.
Amid a report in The Wall Street Journal that bank fines have fallen considerably under the Trump Administration, former Congressman Barney Frank (D - Mass.) doesn't think that will lead to more risky bank activity.
Frank co-designed the 2010 Dodd-Frank financial reform bill, something Republicans are trying to amend with the CHOICE Act, which was passed by the House in June, but appears dead in the Senate.
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Editors' Pick: This article was originally published on August 7, 2017.
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