Anthony Carfang, Partner, Treasury Strategies, Inc. testified today at the U.S. House of Representatives on “Assessing the Impact of the Dodd-Frank Act Four Years Later.” Treasury Strategies supports the House’s Financial Services Committee efforts to ensure the Volcker Rule is implemented in a manner that supports a stable and robust financial system.
However, we feel strongly that the rollout, rule writing and implementation of Dodd-Frank created a climate of uncertainty of enormous proportions. In turn, this has led to a culture of indecision that is choking the U.S. economy and paralyzing American businesses and financial companies that had nothing at all to do with the financial crisis.
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