Financial Legislation Quotes

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.

North Carolina's approach in crafting its law ensured the creation of the best possible law and, consequently, North Carolina is now the acknowledged leader in addressing predatory lending.

We certainly had an upheaval at the start of the Great Depression, and that resulted in a lot of financial reform, but it wasn't done in one stroke, and it wasn't done immediately. The Depression was in 1929 and resulted in the Securities and Exchange Act of '33, '34, '35, '37, '39, and '41.

The reality is that what we did in 2010 with the Dodd-Frank wasn't enough.

I'm largely in favor of financial reform.

Democrats don't want you to know what their tax plans are. They just don't want you to know.

Former Senator Al D'Amato in 1991 offered an amendment to cap credit card interest rates at 14 percent.

I would drastically revise much of the Dodd-Frank financial-reform legislation, which I call the 'Bureaucrat Full Employment Act.'

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.

I find it very difficult to see a scenario where financial regulation doesn't pass the Senate.

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.

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

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

I strongly believe we must move forward with these much-needed reforms to the Ex-Im Bank by acting on a five-year reauthorization bill.

There are no uncontrollable outlays except for debt interest. Outlays are what they are due to legislation.

There are elements of Dodd-Frank that clearly need to be curtailed.

I have and will continue to oppose any legislation that would undermine the important consumer protections provided under Dodd-Frank.

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

The Emergency Banking Act reached back in time to amend the Trading with the Enemy Act of 1917, which had originally been intended to criminalize economic intercourse between American citizens and declared enemies of the United States.

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

This bill, the Sound Dollar Act, is all about looking forward about the role the Fed should play.

We will never get anywhere with our finances till we pass a law saying...every time we appropriate something, we...pass another bill...stating where the money is coming from.

Most of our financial laws are the outgrowth of experience and trial, and should not be amended without investigation and demonstration of the wisdom of the proposed changes. We must both be sure we are right and make haste slowly.

The economic meltdown that would define every aspect of Obama's economy came to a head well before he became president, of course, and so did the legislation that would be the basis for everything that came after.

It would be wholly wrong constitutionally for the unelected House of Lords to do anything, to kill anything of a financial nature that has been through the House of Commons not once but twice.