Wall Street Reform and Consumer Protection Act
Cry Wolf Quotes
The legislation introduced by these Senators today rightly recognizes that the Fed’s rule will cause significant and immediate harm to community banks, consumers and the broader economy.
Recently, Washington has been great at issuing overly complex and ineffective regulations—breeding uncertainty among America’s job creators and stifl ing their ability to grow the economy. To add insult to injury, Congress and the administration are considering myriad new regulations to pile on top of business owners, threatening to make it even harder to keep their doors open.
Our concern is that ... it will create a one-size-fits-all federal system that will marginalize both directors and shareholders.
If we have higher capital requirements than the rest of the world, now you are just putting the nail in the coffin.
