Wall Street Reform and Consumer Protection Act

Wall Street Reform and Consumer Protection Act

Cry Wolf Quotes

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.

-
Chamber of Commerce ad in Politico. 2010

Congress, the administration and the states must recognize that our weak economy simply cannot sustain all the new taxes, regulations and mandates now under consideration. It is a surefire recipe for a double-dip recession or worse.

-
Thomas Donohue, President of the Chamber of Commerce

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.

-
“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.

-
Jamie Dimon, J.P Morgan CEO