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Tim Carney: How Dodd-Frank helps the big banks

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President Obama touted his 2010 Dodd-Frank financial regulation bill as a broadside to the big banks. As with Obama’s similar claims on tobacco, health care, and fiscal cliff legislation, this was false. The legislation, while it poses some threat to big banks, looks like it will ultimately benefit the financial giants. Here’s the most recent evidence: 1. Regulation disproportionately hurts...

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