WASHINGTON – It turned five years old today, but not everyone issinging “Happy Birthday” to the Dodd-Frank Wall Street Reform andConsumer Protection Act.

Republicans are turning to op-eds and social media to expresstheir distaste for the law that, at least for now, isn't goingaway.

“Today is the 5th anniversary of #DoddFrank -a bill that youdon't need to read further than than the title to know its (sic)bad,” Sen. Ted Cruz (R-Texas) tweeted.

“Too-big-to-fail institutions have not disappeared,” Rep. JebHensarling (R-Texas) wrote in an op-ed for The Wall StreetJournal. “Big banks are bigger, small banks are fewer, and thefinancial system is less stable. Meanwhile, the economy remains inthe doldrums.”

Democrats, unsurprisingly, fought back.

“If #DoddFrank opponents try to open loopholes, weaken(regulations) or slash funding for regulators, they'll find (SenateDemocrats) standing against them,” Sen. Chuck Schumer (D-N.Y.)tweeted.

Where do you stand on Dodd-Frank?

In support of Dodd-Frank, President Obama today announced the finalization of the Military Lending Rules.The rules were proposed by the CFPB, a consumer watchdog group thatmany have said has been the nail in the coffin for credit unions, which stated theregulations protect consumers.

NAFCU President/CEO Dan Berger said regardless of itsintentions, Dodd-Frank has led to the collapse of 1,250 creditunions since 2010.

“Credit unions – not-for-profit, member-owned financialinstitutions – have been widely recognized for not having causedthe financial crisis and for their prudent business model, but theyare bearing the heavy burden of regulations imposed on them inresponse to Dodd-Frank and there appears to be no end in sight,”Berger said. “As credit unions disappear, consumers suffer themost. Credit unions offer financial services with low fees,competitive interest rates and exceptional service.”

Rep. Roger Williams (R-Texas) is also not a fan of Dodd-Frank.He said businesses should be regulated by way of competing forconsumers' business, not by socialist legislation. Last week heproposed a new bill that would require the CFPB to explain why itwon't exempt community banks and credit unions from certain rulesand regulations, while Rep. John Ratcliffe (R-Texas) has created abill to eliminate the CFPB altogether. A small business ownerhimself, Williams said overregulation by Dodd-Frank and the CFPB ishurting small business owners.

“They have the ability to exempt now but they never do it,”Williams said. “We're reversing it; we're making them be theaggressor rather than us being the victim.”

Williams said he has the support of CUNA, NAFCU, the IndependentBankers Association of Texas and the Texas Credit UnionAssociation, as well as dozens of Republican lawmakers.

“The CFPB is the worst legislation, and Dodd-Frank, it's rightup there with Obamacare,” Williams said.