The Dodd-Frank Act enacted in 2010 provided policymakers with new crisis tools, including a resolution authority for large financial institutions, which has not yet been tested but is available for future use.

factualpending

Speaker

Philip Swagel

Evidence Quote

the 2010 dodf Frank Act was enacted that provided policy makers with new tools we haven't tested all of them yet you know the the resolution Authority for a large finan financial institution that Authority hasn't been used yet but it's there

Source

CBO Director: What Happens When Debt Hits 122% Of GDP | Phillip SwagelDavid Lin
Created: 8/12/2026, 6:26:40 PM

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