One More Dodd-Frank Rule Finalized

From: American Action Forum

Even as the Trump Administration passes its six-month mark and finally releases its regulatory agenda, a final rule from the 2010 Dodd-Frank financial reform law leads the week in regulation. The Consumer Financial Protection Bureau (CFPB) rule brings nearly $380 million in total costs. Annualized costs (from proposed and final rules) totaled nearly $145 million versus annual benefits of more than $381 million. Agencies also put forward roughly 1 million hours in net paperwork burdens. The per capita regulatory burden for 2017 is $459.

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