Regulatory Policy Quotes

Financial regulatory reform is one of the top legislative priorities of the Obama Administration.

Congressman Frank and Senator Dodd wanted the government to push financial institutions to lend to people they would not lend to otherwise, because of the risk of default. ... The idea that politicians can assess risks better than people who have spent their whole careers assessing risks should have been so obviously absurd that no one would take it seriously.

Well, I think lower taxes and less regulation would actually promote growth.

I've always been a ... believer in good regulation.

The role of government is to encourage—not discourage.

Conventional wisdom suggests the primary motivator for entrepreneurs is money or wealth creation and, in fact, much of the political debate tends to center around what kind of tax or regulatory policy changes will turn corporate suits into small business adventurers overnight.

It is impossible to build Europe on only deregulation ...

I'll be very clear about this: I'm not a fan of getting rid of Dodd-Frank.

Applying cost-benefit analysis to regulation is no different than what most regulatory agencies do.

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

Are we going to take the hands of the federal government completely off any effort to adjust the growing of national crops, and go right straight back to the old principle that every farmer is a lord of his own farm and can do anything he wants, raise anything, any old time, in any quantity, and sell any time he wants?

If President Barack Obama had not been in the White House, we would not have the Consumer Financial Protection Bureau today.

I don't support going back to Glass-Steagall as is.

Why are guns the only unregulated consumer products in America? We regulate toy guns and teddy bears, but we do not regulate a product that kills 4,600 children a year.

When the government picked companies and gave them monopoly rights to frequencies in San Francisco and Los Angeles and New York and Chicago, it was picking the winners of the competition; it wasn't setting the terms of the competition.

There's a certain libertarian right-wing view that there should be no FDA, that people can decide for themselves whether medicines are safe and effective. That's nonsense. Most people don't have the expertise or the resources to mount a proper study to find out whether a treatment is safe or effective.

It is vital for officials and regulators to have input from people within our businesses who understand the intricacies of how financial markets operate and the consequences of certain policy decisions.

It is true that I am one of the co-authors of 'Nudge,' and I am a behavioral economist, but it does not mean that everything we write about in that book is behavioral economics, nor does it mean that my co-author, the distinguished legal scholar Cass Sunstein, is a behavioral economist.

Antitrust is the way that the government promotes markets when there are market failures. It has nothing to do with the idea of free information.

However, FDA attempted to reverse this clear congressional intent in March, 1979, by proposing to regulate vitamins and minerals as 'Over-The-Counter' drugs.

When the government allocates monopoly rights to frequency, and there are only a handful in each community, it's picking the winners in the competition.

Congress should ban advertising that preys upon children, it should stop subsidizing dead-end jobs, it should pass tougher food safety laws, it should protect American workers from serious harm, it should fight against dangerous concentrations of economic power.

In recent years, Republicans have argued that Congress is a more responsible policymaker than the executive branch. But when it comes to regulation, Congress is often much worse, and for just one reason: Executive agencies almost always focus on both costs and benefits, and Congress usually doesn't.

The prudential regulation that I have put in place has been absolutely critical. The fiscal policy which we have put in place has been absolutely critical and if people looked at Australia now turn its back on economic reform, which of course industrial relations rollback or throwback would be, let me tell you, that would really start affecting confidence.

Michael J. Copps, acting FCC chairman, has denounced the lack of racial and gender diversity in the broadcast industry as 'a shameful state of affairs.' Unsurprisingly, his proposed corrective is to force the transfer of station ownership to greater numbers of minorities, who are statistically more likely to carry liberal talk shows.