Bank Compliance Costs Jumped More Than $50B Year After Dodd-Frank Act, Rice University Expert Finds
September 14, 2019
September 14, 2019
HOUSTON, Texas, Sept. 14 [TNSresearch] -- Rice University issued the following news release:
The Dodd-Frank Act roughly doubled the number of regulations applied to U.S. banks, which hiked their compliance costs by more than $50 billion per year, according to an expert at Rice University's Baker Institute for Public Policy.
Thomas Hogan, a fellow in public finance, outlined his insights in a new issue brief, "Costs of Compliance with the Dodd-Frank Act."
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The Dodd-Frank Act roughly doubled the number of regulations applied to U.S. banks, which hiked their compliance costs by more than $50 billion per year, according to an expert at Rice University's Baker Institute for Public Policy.
Thomas Hogan, a fellow in public finance, outlined his insights in a new issue brief, "Costs of Compliance with the Dodd-Frank Act."
. . .