Wall Street Reform and Consumer Protection Act

Wall Street Reform and Consumer Protection Act

Cry Wolf Quotes

If we have higher capital requirements than the rest of the world, now you are just putting the nail in the coffin.

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Jamie Dimon, J.P Morgan CEO

Main Street non-financial businesses would be hit with taxation, regulation, and possible nationalization by the Federal Reserve.

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Group letter signed by conservative groups including Americans for Tax Reform and Tea Party Express

One of the principal impediments to job creation is uncertainty on the part of American companies, large and small. We've all watched as companies have sat on a lot of capital. They're uncertain about what tax policy is going to be. They're clearly uncertain about how health care costs. They're uncertain about all the regulations on capital markets.

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Thomas Donohue, President of the Chamber of Commerce

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.

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American Banking Association on legislation to remove interchange fee rules included in Dodd-Frank