A Quote by Mitt Romney

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

Quote Topics

Banks Been Biggest Boon Closed Community Dodd-Frank Enormous Ever Frank Given Kiss New New York Passed Repeal Replace Seen Since Small Them Would York

Quote Author

Mitt Romney
American - Politician
Born: March 12, 1947

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

We need to repeal Dodd-Frank act. It is eviscerating small businesses and small banks.

Marco Rubio

After Dodd-Frank, the big banks were bigger. The small banks are fewer.

Jeb Hensarling

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 truth is that the banks that are really hurting under Dodd-Frank, really getting no relief, are the community banks.

John Fleming

Small businesses have suffered under the demands of Obamacare and community banks have scaled back lending due to stringent provisions of Dodd-Frank financial regulation.

Anthony Scaramucci

Dodd-Frank has disproportionately burdened community banks, despite their having no role in the financial crisis.

Stephen A. Schwarzman

I think Dodd-Frank has contributed to a concentration of banking assets in the hands of a small number of banks.

Mitt Romney

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.

Marco Rubio

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

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.

Marco Rubio

I mean, Dodd-Frank is strangling small community banks. It doesn't make any difference what the interest rate is. They're not - they're not going to loan the money because they can't make any money for one thing plus the cost of compliance.

Rick Perry

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

We could repeal Dodd-Frank. I think that would be a big help.

Phil Gingrey

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.