A Quote by Daniel J. Mitchell

Giving people like Dodd and Frank more authority is like rewarding an arsonist with gasoline and matches.

Daniel J. Mitchell

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Arsonist Authority Frank Gasoline Giving Like Matches More People Rewarding

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Daniel J. Mitchell
Economist
Born: June 30, 1958

There's a lot of talk coming from Citigroup about how Dodd-Frank isn't perfect. Let me say this to anyone who is listening at Citi: I agree with you. Dodd-Frank isn't perfect. It should have broken you into pieces.

Elizabeth Warren

Dodd-Frank greatly expanded the regulatory reach of the Federal Reserve. It did not, however, examine whether it was correctly structured to account for these new and expansive powers. Therefore, the Committee will be examining the appropriateness of the Fed's current structure in a post Dodd-Frank world.

Richard Shelby

Dodd-Frank was passed. ... This is the biggest kiss that's been given to New York banks I've ever seen. This is an enormous boon for them. There've been 122 community and small banks have closed since Dodd- Frank. ... I would repeal and replace it.

Mitt Romney

The number one problem with Dodd-Frank is it's way too complicated, and it cuts back lending, so we want to strip back parts of Dodd-Frank that prevent banks from lending, and that will be the number one priority on the regulatory side.

Steve Mnuchin

The nuclear arms race is like two people sitting in a pool of gasoline spending all their time making matches.

John Denver

We support too big to fail. We want the government to be able to take down a big bank like JP Morgan and it could be done. We think Dodd-Frank, which we supported parts of, gave the FDIC the authority to take down a big bank.

Jamie Dimon

It is crucial that the House exercises its oversight functions to ensure constitutional accountability of government agencies, especially as the bureaucracies associated with ObamaCare and Dodd-Frank flex their muscles and seek to expand their authority.

Ron DeSantis

Dodd-Frank is 2,000 pages long. It covers thousands of rules, regulations, interpretations and things like that.

Jamie Dimon

Imagine a room awash in gasoline, and there are two implacable enemies in that room. One of them has nine thousand matches. The other has seven thousand matches. Each of them is concerned about who's ahead, who's stronger. Well that's the kind of situation we are actually in. The amount of weapons that are available to the United States and the Soviet Union are so bloated, so grossly in excess of what's needed to dissuade the other, that if it weren't so tragic, it would be laughable. What is necessary is to reduce the matches and to clean up the gasoline.

Carl Sagan

The nuclear arms race is like two sworn enemies standing waist deep in gasoline, one with three matches, the other with five.

Carl Sagan

The Orderly Liquidation Authority prescribed by Dodd-Frank should be repealed and replaced by an amendment to the U.S. Bankruptcy Code which would operate to prevent cross-default provisions from impacting derivatives books so long as mark-to-market payments are being made in a timely fashion.

Paul Singer

Dodd-Frank represents the greatest regulatory burden on our economy, more so than all the other Obama-era regulations combined.

Jeb Hensarling

The Federal Reserve - all of them - could be sitting on a barrel of dynamite, and then pouring gasoline on top of it, and then light a cigar with matches, throw the match into the gasoline, and then not notice that there is any danger.

Marc Faber

Democrats misinterpreted the mandate for change in 2008 as an ideological mandate to move the country sharply to the left. They rammed through policies like ObamaCare and Dodd-Frank with little, if any, bipartisan support.

Thom Tillis

A dramatic spending increase to fund the SEC and the CFTC, as envisioned by the authors of the Dodd-Frank legislation, would further the mindset that our nation's problems can be solved with more spending, not more efficiency.

Scott Garrett

Fannie Mae and Freddie Mac - two bloated and corrupt government-sponsored programs - contributed heavily to the crisis.In order to prevent another crisis, we need to do what we should have done years ago - reform Fannie Mae and Freddie Mac. We also need to repeal Dodd-Frank, the Democrats' failed solution. Under Dodd-Frank, 10 banks too big to fail have become five banks too big to fail. Thousands of community banks have gone out of business.

Carly Fiorina

A Quote by Daniel J. Mitchell

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