Discussing Financial Reform and Rising Uncertainty with the U.S. Chamber of Commerce
Joining me this week on PowerTalk is Alice Joe, executive director, Center for Capital Markets Competitiveness at U.S. Chamber of Commerce. Alice and I talk not only about The Dodd–Frank Wall Street Reform and Consumer Protection Act, but many of the issues it creates and the ensuing uncertainty. For example, did you know that certain aspects of Dodd-Frank could alter the way companies like McDonald’s, The Hershey Company and Starbucks conduct their business? When Alice and I spoke, she also shared with me that roughly one-third of the 400 new rules to be put forth by Dodd-Frank across more than 10 federal agencies in Washington, D.C., had yet to be proposed.
With something as big as Dodd-Frank, you probably think there’s more than just a few points of uncertainty, particularly since more than one-third of the rule has yet to be passed. You’d be right, and that’s exactly what Alice and I talk about in this edition of PowerTalk. Luckily, Alice has some suggestions as to how this mess can be fixed and how uncertainty can be minimized, if not removed.
To listen to this week’s PowerTalk, click here.