Regulatory Reform

On July 21, 2010, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) (pdf, 2.2 mb). This historic financial reform legislation is intended to play a crucial role in preventing future crises, helping families save for the future, and growing our economy.

Both during the crisis and since the passage of the Dodd-Frank Act, the Federal Reserve and other agencies took many steps to contain the crisis and limit its impact on the economy.  This page provides links to Federal Reserve System web sites and other sources that provide further insight into and information on the financial crisis and the Federal Reserve’s response.

The Federal Reserve has made tremendous strides since the 2008 financial crisis to ensure the safety and soundness of our financial system. Today, the U.S. banking system is much more robust and resilient than it was before the financial crisis, in large part due to both ongoing and enhanced supervisory and regulatory efforts.

The Financial Crisis

• How is Banking Safer Following the Financial Crisis?
  An overview of ten ways that the Federal Reserve, often working with other regulators, has helped to ensure the safety and soundness of our financial system.

• The Financial Crisis – A Timeline of Events and Policy Actions
  A FRB St. Louis resource that provides information about major events and policy actions during the financial crisis.

Regulatory Reform

• The Dodd-Frank Wall Street Reform and Consumer Protection Act (pdf, 2.2 mb)
  The Government Printing Office’s official version of Public Law 111–203, which was signed into law on July 21, 2010.

• Federal Reserve System – Regulatory Reform
  A Federal Reserve System resource that provides information on recent regulatory developments, proposals for comment, past and future milestones, and the liquidity and credit programs that the Federal Reserve used to respond to the financial crisis.

• Dodd-Frank Regulatory Reform Rules
  A FRB St. Louis resource that tracks the progress of more than 200 proposals and rules that have been and will be written by various federal agencies.

Savings and Loan Holding Companies (SLHCs) and the Fed

• Supervisory Policy and Guidance Topics: SLHCs
  A Federal Reserve System resource that provides information for SLHCs on the Federal Reserve’s guidance; statutes, rules, and regulations; and other reference materials.
• Savings and Loan Holding Company Resources
  A FRB Kansas City resource that provides information for SLHCs on the Federal Reserve’s supervisory processes.

Other Government Entities

• Consumer Financial Protection Bureau (CFPB)
  The CFPB was created by the Dodd-Frank Act to regulate the offering and provision of consumer financial products or services under Federal consumer financial laws.

• Financial Stability Oversight Council (FSOC)
  The FSOC was created by the Dodd-Frank Act to provide comprehensive monitoring to ensure the stability of the nation’s financial system.

• Treasury Department’s FinancialStability.gov
  FinancialStability.gov is the official government site providing information and data related to the Emergency Economic Stabilization Act (EESA) and the Troubled Asset Relief Program (TARP).