The CHOICE Act, by Peter J. Wallison

"Chairman Hensarling, Ranking member Waters, and members of the Committee. I very much appreciate the opportunity to testify today on the CHOICE Act.
One way to understand the act and the need for the comprehensive reform that the CHOICE Act provides, is to recognize that the Dodd-Frank Act was completely unnecessary. It was based on a false diagnosis of the 2008 financial crisis by an administration and a Congress that didn’t even try to understand why the crisis occurred. They simply assumed—or wanted to believe—that the crisis was caused by insufficient regulation of the financial system and greed on Wall Street...."

EN:

http://www.aei.org/publication/the-choice-act/?utm_source=paramount&utm_medium=email&utm_content=AEITHISWEEK&utm_campaign=Weekly042916