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Dodd Frank Quotes

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We need to repeal Dodd-Frank [act]. It is eviscerating small businesses and small banks  (Dodd Frank Quotes) What do the Republicans say? Donald Trump? They say they’re just going to roll back the Dodd-Frank regulations. They want to undermine the Consumer Financial Protection Bureau.  (Dodd Frank Quotes) The SEC got more than 100 rules to write under Dodd-Frank, the lion’s share of all the agencies. And we’ve moved, I think, with a tremendous sense of urgency. But it takes a long time to write rules and get them approved by a five-member commission.  (Dodd Frank Quotes) Under the Dodd-Frank law, the SEC got the lion’s share of the rules to write, more than 100 rules, and we have done an extraordinary amount of that. Eighty percent have been either proposed or adopted. So, a lot, a lot accomplished but of course, more to do.  (Dodd Frank Quotes) Dodd-Frank is 2,000 pages long. It covers thousands of rules, regulations, interpretations and things like that.  (Dodd Frank Quotes) There are parts [in Dodd-Frank] that I don’t agree with. But, in total, it is what it is.  (Dodd Frank Quotes) I think Dodd-Frank has contributed to a concentration of banking assets in the hands of a small number of banks.  (Dodd Frank Quotes) We now have power under the Dodd-Frank legislation to break up banks. And I’ve said I will use that power if they pose a systemic risk.  (Dodd Frank Quotes) Governments need to be authorized to provide ‘open bank assistance.’ The convolutions of Dodd-Frank aimed at ‘avoiding’ this tactic are ludicrous and will prove to be extremely costly to the system.  (Dodd Frank Quotes) Dodd-Frank and independent actions of banks go a long way in terms of progress on capital, liquidity, transparency, living wills (plans for winding down a bank in the event of a collapse) and resolutions.  (Dodd Frank Quotes) Otherwise, their only engagement I’m going to have with [Donald Trump] is fighting back against their attempts to undo Dodd-Frank, their attempts to destroy the Consumer Financial Protection Bureau and all of those things.  (Dodd Frank Quotes) The details of what the Fed did were kept secret until a provision in the Dodd-Frank Act that I sponsored required the Government Accountability Office to audit the Fed’s lending programs during the financial crisis.  (Dodd Frank Quotes) I mean, Dodd Frank is strangling small community banks. It doesn't make any difference what the interest rate is. They're not - they're not going to loan the money because they can't make any money for one thing plus the cost of compliance  (Dodd Frank Quotes)