“Too big to fail is over with,” former Senator Chris Dodd of Connecticut declared in an interview marking the fifth anniversary of the landmark legislation created in the wake of the 2008 financial crisis.
In a discussion with Bloomberg TV‘s Tom Keene, Dodd praises the Consumer Protection Bureau, one of many innovations coming from the Dodd-Frank Law, saying it is doing “a very good job.”
But Dodd noted that many people have been left behind in the economic recovery over the past five years — and that accounts for the popularity of candidates as different as the Democratic Vermont Sen. Bernie Sanders and Republican Donald Trump.
“The people who show up for Bernie and the people who show up for Donald are neighbors,” Sen. Dodd told Tom Keene.