As Dodd-Frank Reaches Fourth Year, White Says More Work to Do

Dodd-Frank was passed by the U.S. Congress in reaction to the 2008 financial crisis. Supporters see it as a way to regulate financial markets from making risky bets that helped plunge the world economy into recession. Critics slam it as thousands of pages of unnecessary regulations that don’t target the root causes of the recession, and say it has hampered the economic recovery.

Dodd-Frank, marks its fourth anniversary on Monday.