Joining me this week on PowerTalk is Alice Joe, Executive Director, Center for Capital Markets Competitiveness at U.S. Chamber of Commerce. Alice and I talk about not only about The Dodd–Frank Wall Street Reform and Consumer Protection Act, but many of the issues it creates and the ensuing uncertainty. For example, did you know that certain aspects of Dodd-Frank could alter the way companies like McDonald’s, The Hershey Company and Starbucks conduct their business? Not only that but when Alice and I spoke, she shared with me that roughly one-third of the 400 new rules to be put forth by Dodd-Frank across more than 10 agencies in DC had yet to be proposed.
Those two examples describe just some of the uncertainty that Dodd-Frank is creating in the business community. Dodd-Frank aside, there’s plenty of uncertainty to go around these days -- new data shows the average American household is earning less than when the Great Recession ended four years ago. In a letter to congressional