Dodd–Frank Wall Street Reform and Consumer Protection Act

The Dodd–Frank Wall Street Reform and Consumer Protection Act is a law passed by the United States Congress that is intended to make sure banks and financial companies do not do bad things with the money they are given. It is designed to protect people’s money from these companies, so that if something goes wrong, like a company making bad investments or losing money, the money people have put into that bank or company is protected. The law also tries to make sure banks and financial companies play by the same rules, and that there is no stealing or cheating involved. This way, people’s money is safe!