You will soon hear more Orwellian babble from Jeb Hensarling on the subject of reforming the financial system. Do NOT be fooled. This is not financial reform ... it is merely an attempt to change the public MO of the madame ... the whore house and the whores inside will continue as they have since Greenspan mainstreamed monetary fornication.
To use another analogy, Republicans reforming Dodd-Frank is like choosing a different style of needle to deliver cocaine ... the addiction and prospect for the death of the addict remain unaffected. Perhaps, they are so stupid that their little minds cannot understand this simple economic distinction. Perhaps, they understand but fear the ramifications of taking a principled stand. Or, perhaps, they are just corrupt politicians like the Democrats who happen to prefer the Dodd-Frank delivery system of the Fed's 100% pure QE to the economic body.
But the sad thing is that both Democrats and Republicans can rest assured that Americans are [with very few exceptions] CLUELESS as to the real issues and CARELESS when having their monetary intercourse or financial shoot-ups with the federal government.
If you want to address the real financial sin in America, just put the job of supplying real savings to the perverted financial system back into the hands of the middle class savers [where it once was] ... by forcing the great whoring Fed to rein in and mop up all the false savings [aka "low interest rates", "easy money" or QE] she has shamelessly injected into the real economy [which no longer even responds to her increasingly deviant and toxic attempts at "stimulus"].
But Republicans are no different than Democrats when it comes to the pleasures of committing monetary fornication and getting high ... politicians, bankers and corporations of all types just like being in a central banking bed and doing financial drugs together ... and once you start this kind of behavior, how can you ever stop?