If you're surprised this has happened, you obviously haven't been paying attention since 2001. And people who try to make this a Democrat vs. Republican thing will be wrong.
Seriously, spin that, Obama haters.
I would ask you not apply for either label.
Judging from the partisanship of your OP, it's not a stretch to think you've given the Bush Administration a big pass on this. Or, you simply did not know that this has been going on for some time, and are not completely deflated because it's one less false outrage against Obama in your playbook.
"There is a lot of talk coming from CitiGroup about how Dodd-Frank isn't perfect, So let me say this to anyone listening at Citi —I agree with you. Dodd-Frank isn't perfect. It should have broken you into pieces." -- Elizabeth Warren