Dodd-Frank and the massive increase in regulations has stifled business, costing millions of jobs.
So maybe it's not the best solutions (see above), but it's what could get passed. New regulations were needed.

ROFL and LOL!!!! Let me see if I have this right. The current regulations are not doing a great job so me need MORE regulations to fix the problem? Surely even you can see how ludicrous that statement is. We are already the regulation nation. What we need is LESS not MORE regulation.