Regulatory Role Quotes

Of course we should have only the government we need. But we must insist on all the government we need.

Some amount of support from government and regulator is required when you are looking at resolving systemic issues.

The SEC does way more good than harm - the last thing I would do is get rid of the SEC...if accounting were thoroughly fixed, a lot of other sins would go away. We're paying a huge price for deterioration of accounting.

Deregulation played virtually no role

Government is connected to everything we do.

In human rights theory it is very important that governments still have the primary responsibility for the standards and provision of such services even if they no longer deliver them. They must insist that the private sector delivers without discrimination. So governments still have responsibility, including the need to influence business.

The state has an offensive and defensive role to play as promoter of industrial policies, as regulator and as shareholder.

I've made it very clear that the government should get out of the business of trying to affect the markets, of trying to pick winners and losers.

The business of government is to keep the government out of business - that is, unless business needs government aid.

Regulators at the Food and Drug Administration have a tough job.

If the press is to be free, the state has no role in regulating what is published.

I started my career in the private sector and then became U.S. attorney. I think I was a stronger U.S. attorney, and I frankly think I am a stronger Chair of the SEC, because of that experience.

Forty-six years after my parents' journey from India, here I am, the grandson of a spare auto parts salesman and a file clerk, tapped by the President of the United States to be the nation's chief communications regulator.

I think the oversight is great, and I think that oversight ought to be devoted almost entirely to the question is this being done at market you know. In other words, you want to make sure that the government isn't investing foolishly. But you don't want to care about which congressional districts it goes to or whether banks get favored over.

The regulator's job is not to guarantee us a profit, however much we cry. The regulator's job is to first make sure that the country goes forward and then make sure that the consumer goes forward.

I think that whenever businesses harm the economy, harm workers, harm consumers, or undermine human rights in any way, then it is the role of the government to make sure that they don't do that and to make sure that markets are fair and they operate properly.

My job at the CFPB, as President Obama told me when he interviewed me, was to stand on the side of people in the financial marketplace and see that they were treated fairly.