In this episode, we ask how the actions of various American financial institutions caused a global recession and destroyed the livelihoods and homeownership of millions of American people. Then we figure out what the federal government decided to do about it. This is the 2008 financial crisis as told by Amy Friend, Chief Counsel to the Senate Banking Committee as the Dodd-Frank Wall Street Reform and Consumer Protection Act was written.
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To see Civics 101 in book form, check out A User's Guide to Democracy: How America Works by Hannah McCarthy and Nick Capodice, featuring illustrations by Tom Toro.