Credit Reform and the States: The Vital Role of Attorneys General After Dodd-Frank

Author:Mark Totten
Position:Associate Professor of Law, Michigan State University College of Law

Congress employed multiple strategies in the wake of the Great Recession to provide greater protections for consumers in the financial marketplace. One strategy aimed at agency design and resulted in creation of the Consumer Financial Protection Bureau. Another strategy created new substantive prohibitions and corresponding rulemaking powers. A third strategy channeled the forces of federalism,... (see full summary)

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