Morning Bell: The Dodd-Frank Assault on Economic Recovery | The Foundry: Conservative Policy News.

Morning Bell: The Dodd-Frank Assault on Economic Recovery | The Foundry: Conservative Policy News.: "This council would also have�nearly unlimited powers to draft financial firms into the regulatory system and even force them to sell off or close pieces of themselves. Unfortunately, it is extremely difficult to detect systemic risk before a crisis has occurred, and the council would serve mainly as a group to blame for failing at an almost impossible task. On the other hand, its huge powers are much more likely to destabilize the financial system by stifling innovative products while failing to detect dangers posed by existing ones."