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
Our concern is that ... it will create a one-size-fits-all federal system that will marginalize both directors and shareholders.
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Tom Quaadman, executive director of the Center for Capital Markets Competitiveness at the U.S. Chamber of Commerce
This one-size-fits-all approach would distract directors from managing a company, lessen shareholders voice in proposals and director elections, and continue to disenfranchise retail shareholders.
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R. Bruce Josten, Executive Vice president for Government Affairs with the Chamber of Commerce
[A dramatic increase in regulation under the Obama administration is] threatening to short-circuit our recovery and undermine our long-term growth....More importantly , it is suffocating the entrepreneurial spirit so vital to America’s success.
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Thomas Donohue, President of the Chamber of Commerce
