A Quote by James P. Gorman

There are elements of Dodd-Frank that clearly need to be curtailed. — © James P. Gorman
There are elements of Dodd-Frank that clearly need to be curtailed.
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.
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.
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.
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.
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.
We need to repeal and replace Dodd-Frank. We need to make America fair again for all businesses, but especially those being run by small business owners.
We need to repeal and replace Dodd-Frank act. We need to make America fair again for all businesses, but especially those being run by small business owners.
We need to repeal Dodd-Frank act. It is eviscerating small businesses and small banks.
Governments need to be authorized to provide 'open bank assistance.' The convolutions of Dodd-Frank aimed at 'avoiding' this tactic are ludicrous and will prove to be extremely costly to the system.
There are parts [in Dodd-Frank] that I don't agree with. But, in total, it is what it is.
The reality is that what we did in 2010 with the Dodd-Frank wasn't enough.
We could repeal Dodd-Frank. I think that would be a big help.
Opacity on extreme levels is not addressed anywhere, including Dodd-Frank.
I'll be very clear about this: I'm not a fan of getting rid of Dodd-Frank.
If anything, one would think we learn from Brexit is we need a strong, stable banking system, not one to repeal the consumer bureau and repeal Dodd-Frank and give Wall Street what it wants. That would be the worst kind of response.
Dodd-Frank has disproportionately burdened community banks, despite their having no role in the financial crisis.
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