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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.