OK, here at DFRW we may get wonkish about the nuts and bolts of the Dodd-Frank Act, but let’s face it, the topic unlikely to fire up passion in the average Joe. It’s unlikely we'll hear much about the legislation at the Republican convention in Tampa this week. "Instead, count on hearing in more general terms about overregulation and the burden it imposes on small business," writes American Banker’s Kevin Wack.
"The problem is that most people don't know what's in Dodd-Frank," said Whit Ayres of Resurgent Republic, a GOP polling firm.
Curiously in a recent poll of likely voters his firm found that ”57% agree with the statement that the federal government has too many regulations that make it harder to create jobs,” while a poll by a Democratic research firm found that “73% of voters support tougher rules and enforcement for Wall Street financial firms,” reports Wack.
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