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Message: <blockquote data-quote="bacha29" data-source="post: 4674404" data-attributes="member: 58386">The passage of Dodd Frank was created by the recession not the other way around which reset banking law and regulation that was eliminated with the repeal of Glass Steagell which was part of the Banking Act of 1933. Among key provisions was the separation of merchant banking from investment banking. The banking industry has no love for Dodd Frank including the "stress test" requirements . Regional banks on the other hand are exempt from the stress test because they're assets are below the minimum threshold. Yes, there was strong bipartisan support for the repeal of Glass Steagell because there was big money waiting to be made by doing so. But, as it always is the innocent average American bears the pain resulting from unbridled greed.</blockquote>