A Quote by Steve Mnuchin

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

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Back Banks Complicated Cuts Dodd-Frank Frank Lending Number Parts Prevent Priority Problem Regulatory Side Strip Too Want Way Will

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Steve Mnuchin
American - Public Servant
Born: December 21, 1962

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 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

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

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

Mitt Romney

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

Small lending institutions lack the capability of their larger counterparts to hire the additional manpower necessary to deal with the hundreds of additional regulations created by Dodd-Frank.

Sam Graves

The details of what the Fed did were kept secret until a provision in the Dodd-Frank Act that I sponsored required the Government Accountability Office to audit the Fed's lending programs during the financial crisis.

Bernie Sanders

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

Jeb Hensarling

There are parts [in Dodd-Frank] that I don't agree with. But, in total, it is what it is.

Jamie Dimon

The basic architecture of Dodd-Frank makes sense. At the same time, as a number of regulators and legislators have observed, the act was a complex effort that produced thousands of pages of rules.

James P. Gorman

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

Stephen A. Schwarzman

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

Jeb Hensarling

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

John Fleming

We now have power under the Dodd-Frank legislation to break up banks. And I've said I will use that power if they pose a systemic risk.

Hillary Clinton

Certainly, some of the anti-bank rhetoric has shifted a little bit, but on either side of the aisle, there seems to be different tacts. On one side of the aisle, you see a proposed scaling back of Dodd-Frank. On the other, a proposed reinstatement of Glass-Steagall.

Kayla Tausche

A Quote by Steve Mnuchin

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