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.
Coat of Arms of Britain. The Declaratory Act was copied from the Irish Declaratory Act, and it wonât take a genius to learn that Parliament would want America, like the Irish, in continuous bondage to the crown. Outcries and outrage followed suit.