Ask Question
1 February, 16:12

In the aftermath of the Great Recession, President Obama signed a financial protection measure to protect tax payer money from another bailout and inflated mortgage prices is known as

A) Gramm-Leach Bliley Act

B) Financial Services Moderation Act

C) Dodd-Frank Wall Street Reform and Consumer Protection Act

D) Glass-Steagall Act

+2
Answers (1)
  1. 1 February, 16:13
    0
    C is the correct answer.

    A + B were both passed in the 90s while Glass-Steagall was signed in the 30s as a response to the Great Depression.

    The Dodd-Frank Wall Street Reform and Consumer Protection Act was created by Senator Chris Dodd and Representative Barney Frank and put in place many reforms for Wall Street. It was signed by President Obama in 2010.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “In the aftermath of the Great Recession, President Obama signed a financial protection measure to protect tax payer money from another ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers