A year ago Thursday, jubilant Democratic lawmakers — including then-Sen. Christopher Dodd and Rep. Barney Frank — joined President Obama on stage as the president signed a new financial reform law.
"The American people will never again be asked to foot the bill for Wall Street's mistakes. There will be no more tax-funded bailouts — period," Obama said.
The so-called Dodd-Frank Act will mean no firms are too big to fail, the president said.