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This site is the inspiration of a former reporter/photographer for one of New England's largest daily newspapers and for various magazines. The intent is to direct readers to interesting political articles, and we urge you to visit the source sites. Any comments may be noted on site or directed to KarisChaf at gmail.

Saturday, February 9, 2013

Left-Wing Groups Shape Dodd Frank -- Financial regulations pushed by groups with ties to dark money outfits -- By Lachlan Markay, The Washington Free Beacon

A host of left-wing groups met with top regulators in the aftermath of the 2010 passage of the Dodd-Frank financial regulation legislation, raising concerns among some observers that the administration’s approach to those regulations could be colored by some of the left’s more radical elements.

The law creates five new regulatory agencies and “effects a profound increase in regulation of the financial services industry,” according to Harvard University legal scholars.

Regulators have held thousands of meetings with various stakeholders to discuss implementation of the law. While many of those meetings involved institutions that will be directly affected by the regulations—banks, corporations, and even foreign governments—some hosted groups that are explicitly ideological.

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