Wall Street Reform and Consumer Protection Act
Cry Wolf Quotes
The Dodd bill would push the government into the business of dictating the terms at which consumers and businesses can contract. This has nothing to do with protecting consumers and everything to do with replacing consumer preferences with bureaucrats’ choices.
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“Dodd’s Job-killer”, by Mark A. Calabria
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
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
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
