Anytime Congress passes a 2,300-page law that creates more than 500 new regulations and sets up a new, complicated bureaucracy, we should be nervous. And the major financial overhaul that has cleared the final hurdles in the Senate proves the rule. The legislation -- the brainchild of Sen. Chris Dodd, D-Conn., and Rep. Barney Frank, D-Mass. -- is the biggest overhaul of the nation's financial industry since the 1930s. Its Democratic supporters claim it was necessary to prevent another economic meltdown like the one we suffered in 2008. Read more here:
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