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Reform law could pose major threat to Black banks

When President Obama signed the Wall Street Reform and Consumer Protection Act (otherwise known as Dodd-Frank) into law in the summer of 2010, no one could be satisfied. Only bill creator and outgoing Sen. Chris Dodd was putting a happy spin on it at the time, while Rep. Barney Frank, a famously crabby Congressman from southern Massachusetts, reluctantly put his political capital behind it before retiring.

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