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Ex-Fed Chairman Greenspan: Get rid of Dodd-Frank and watch economy and stocks soar

CNBC logo CNBC 4/20/2017 Matthew J. Belvedere
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Former Federal Reserve Chairman Alan Greenspan told CNBC on Thursday the prospect of getting rid of the Dodd-Frank banking regulations has been a driver of higher stocks and will continue to be.

"If you get rid of Dodd-Frank, it's going to have a very significant positive impact on the economy," he said on "Squawk on the Street," from the sidelines of the IMF-World Bank meeting of finance ministers in Washington.

"In my judgment, that's where the surge in the stock prices has come from. It's very difficult to find anything other than that, which I find really positive," he argued.

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