SAFE Banking


Then in April, Kaufman introduced ambitious financial reform legislation with Senators Sherrod Brown (D-OH), Robert Casey (D-PA), and Sheldon Whitehouse (D-RI). The Safe, Accountable, Fair, and Efficient (SAFE) Banking Act, an amendment to the Dodd-Frank Wall Street Reform and Consumer Protection Act, sought to scale back the size of the nation’s biggest financial institutions and to ensure banks have the resources to cover their losses.