In 2010, the U.S. Congress abolished the Dodd‐Frank Financial Regulation Legislation-an attempt to revive the economy through stabilizing the financial industry.

Name: In 2010, the U.S. Congress abolished the Dodd‐Frank Financial Regulation Legislation-an attempt to revive the economy through stabilizing the financial industry.
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This statement is FALSE. The Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law by President Obama in July 2010 and is still in effect today.