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Updated almost 8 years ago on . Most recent reply

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Mindy Jensen
  • BiggerPockets Money Podcast Host
  • Longmont, CO
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House Votes to Abolish Dodd-Frank - Your Thoughts?

Mindy Jensen
  • BiggerPockets Money Podcast Host
  • Longmont, CO
ModeratorPosted

Of course, it still has to pass the Senate - and it faces an uphill battle there - but the House of Representatives has voted to abolish Dodd-Frank .

What are your thoughts? 

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Chris Martin
  • Investor
  • Willow Spring, NC
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Chris Martin
  • Investor
  • Willow Spring, NC
Replied

As long as you believe that industry groups will correctly practice self-regulation, there is no issue. Enron comes to mind. But think about it. Banks would never loan to people who aren't qualified. Right?

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