Problem: One of the primary challenges encountered during the legislative process was the staunch opposition from financial industry lobbyists. Representing the interests of banks, investment firms, and various financial institutions, these lobbyists raised concerns about the potential impact of the proposed regulations on their operations. Critics argued that the reforms could impose additional burdens, restricting their ability to engage in certain activities and, consequently, limiting their profitability. (Hayes 2023). The financial industry, having weathered the storm of the crisis, was wary of measures that might curtail its flexibility and competitiveness.