Congress passed the Dodd-Frank Act in 2010 to address deficiencies in regulation that they thought were responsible for the financial crisis.  Two and a half years later, new AEI-sponsored research conducted by Wake Forest Law School professor Tanya D. Marsh and Joseph Norman suggests that in some areas the Act is harming community banks—institutions that played no role in the financial crisis.

As Dodd-Frank nears full implementation, these findings raise important questions of how the Act's unintended consequences can be mitigated, along with broader questions about the competitive advantages the Act provides for the largest financial institutions it was designed to rein in.

At this Capitol Hill briefing, AEI's Peter Wallison hosts a panel discussion with Tanya Marsh, Congressman Andy Barr (R-KY), and Camden Fine, President of the Independent Community Bankers of America.