what was the impact of the 2018 rollback of dodd frank regulations 
under the dodd frank rules banks with 50 billion in assets were subject to more strenuous capital and liquidity requirements but the new law passed in 2018 increased the asset threshold to 250 billion this change relaxed the regulations for smaller and medium sized banks when silicon valley bank collapsed in march 2023 observers argued that the lack of regulatory scrutiny on financial institutions of this size played a key role in the bank s failure 16the bottom linethe dodd frank act enacted in 2010 was a direct response to the financial crisis of 2007 2008 and the ensuing government bailouts under the troubled asset relief program tarp this law established a wide range of reforms throughout the entire financial system with the purpose of preventing a repeat of the 2007 2008 crisis and to prevent further government bailouts the dodd frank act also included additional protections for consumers although the trump administration reversed and weakened several aspects of the dodd frank act particularly those affecting consumers the biden administration planned to reestablish and strengthen the previous reversals to protect individuals who may be subject to predatory lending practices in industries such as for profit education and automobiles 