This graduation season, think back to what’s changed in 10 years

This graduation season, think back to what’s changed in 10 years

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The House is set to take up a bill today dialing back parts of Dodd-Frank, the law regulating banks after the financial crisis. Today’s bill already passed the Senate, and it would change mortgage lending requirements and raise the threshold at which banks will be officially big, or “systemically important financial institutions,” if you want to get technical. We’ll start off by telling you everything you need to know, plus looking at the rotating deck chairs on the American CEO cruise ship. Plus, speaking of the recession, we’ll look at what it’s like to graduate into one. The damage can last well after the economy recovers, and some young professionals never catch back up. (05/22/2018)