Ideas. Action. Results.

The Bipartisan Policy Center’s Financial Regulatory Reform Initiative will analyze and assess financial regulatory policy, including the effects of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. In the two years since its enactment, the Dodd-Frank Act has sparked a major overhaul in how the financial sector is regulated. Some believe the Act will prevent the type of activities and practices that led to the financial crisis. Others claim that the Act did not go far enough to reshape the nation’s financial regulatory system, leaving us vulnerable to future crises. Still others maintain that the Act imposes an excessive regulatory burden on financial firms and financial markets that diminishes innovation and economic growth.

The Financial Regulatory Reform Initiative will be independent, objective and fact-based. It will review the Dodd-Frank Act and, as appropriate, propose credible and politically achievable refinements to the Act that ensure that financial firms operate in a clear and logical regulatory framework that fairly addresses consumer and taxpayer protection, and that promotes open and competitive financial markets. The overarching objective is to promote policies that balance financial stability, economic growth, and consumer protection.

Given the impact of the Dodd-Frank Act on the broad economy, and especially on the financial services and investment industry, we anticipate continuing interest in financial regulation from Congress and other policymakers over the next two years, regardless of the outcome of the elections or the completion of regulations mandated by the Dodd-Frank Act. This initiative will recommend changes to the Dodd-Frank Act, but we do not intend to revisit regulatory policies that have been widely accepted and put into practice. The focus will be on ways to improve existing regulatory practices through both legislative and non-legislative mechanisms to achieve better outcomes for end-users of financial services and the economy.

Working Areas

Click on the links below to read more about each working area.

Systemic Risk

Failure Resolution

Capital Markets and the Volcker Rule

Consumer Financial Protection

Regulatory Architecture


The Daily Beast: Is Lew a Financial Regulator?

Bipartisan Policy Center’s Financial Regulatory Reform Initiative Urges Consistency in Implementing Volcker Rule

The Bipartisan Policy Center’s Financial Regulatory Reform Initiative Adds New Members and Unveils Key Working Groups

Bloomberg Businessweek: Technical Fixes Prompt Suspicion From Dodd-Frank Backers

POLITICO: Ascending Mike Crapo seeks compromise on Senate Banking panel

FRRI Project Director in the American Banker: How Central Banks Can Succeed as Systemic Risk Regulators

Bipartisan Policy Center Launches Financial Regulatory Reform Initiative

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