Wall Street Reform and Consumer Protection Act

Wall Street Reform and Consumer Protection Act

Cry Wolf Quotes

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

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.

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Chamber of Commerce ad in Politico. 2010

We have wandered too far off the path envisioned by our Founding Fathers of a government with few and defined powers. Government was supposed to be about doing only a few things; today government is about doing nearly everything. It has intruded in our business and personal lives in ways unimaginable to the wise men who gathered in Philadelphia in the sweltering summer of 1787. And to increasingly little positive benefit.

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Chamber of Commerce’s “This Way To Jobs Campaign.” 2010

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