Bank Systems & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


11:05 AM
Olivia LaBarre
Olivia LaBarre

The Daily Show's Take on the Dodd-Frank Act

John Stewart and John Oliver present a comically grim view of what has happened with the legislation so far.

Last night, a week after the one-year anniversary of the Dodd-Frank Act being passed into law, the The Daily Show With John Stewart ran an update on what has happened with the legislation so far. The update featured an interview with the Dodd-Frank legislation itself, personified by correspondent John Oliver in a costume meant to look like a beat-up version of a School House Rock cartoon character.

Although the update doesn't have anything good to say about the progress of Dodd-Frank so far, it does what The Daily Show does best -- comically summarizes the pain points of a complicated government situation. The bit pokes fun at the lack of a director for the Consumer Financial Protection Bureau and the fact that only 38 out of 400 new rules have been written.

"I'm no law," laments Oliver as Dodd-Frank. "I'm just an undefined, impotent, 2,300-page piece of legislative…." Well, I'll just let you watch the video:

Register for Bank Systems & Technology Newsletters
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.