Title II - Orderly Liquidation Authority

Title II - Orderly Liquidation Authority, established by the Dodd-Frank Act after the 2008 financial crisis, provides a framework for winding down large, failing financial institutions in a way that minimizes economic disruption. It allows the federal government to step in and manage the liquidation process, ensuring that creditors and stakeholders are treated fairly. This authority aims to prevent the chaotic collapse of major firms and to protect taxpayers from having to bail them out, promoting financial stability and restoring confidence in the financial system.