Having had a front-seat view of the process in which Dodd-Frank was created and implemented, as well as the creation and implementation of the CFPB, this is just sad.
A LOT of people worked very hard to ensure consumers had better protections and banks were less vulnerable, and it doesn't restrict lending or capital flow. This just undoes things for the sake of making the world more chaotic, and it will certainly come home to roost.