Dodd-Frank Act. The Dodd-Frank Act (fully known as the Dodd-Frank Wall Street Reform and Consumer Protection Act) is a United States federal law that places regulation of the financial industry in the hands of the government.
The Declaratory Act was a gesture of British Parliament reasserting its authority to pass taxes and laws on the colonies, even though they lacked any representation. The Stamp Act of 1765 had backfired on the British Crown.
Declaratory ActThe repeal of the Stamp Act did not mean that Great Britain was surrendering any control over its colonies. The Declaratory Act, passed by Parliament on the same day the Stamp Act was repealed, stated that Parliament could make laws binding the American colonies in all cases whatsoever..