What Dodd-Frank did... is cast a net so broad that you caught all the little fishes that you were not intending to catch.
Lynn A. Westmoreland: “What Dodd-Frank did... is cast a net so broad that you caught all the little fishes that you were not intending to…”
Editor's note · Context
Lynn Westmoreland criticizes Dodd-Frank for overregulating and affecting unintended targets.
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In fact, a lot of us who were not on the committee when Dodd-Frank was passed feel kind of like that guy in the circus walking behind the elephant with a broom and a shovel.
If you have no regulatory authority over 99 percent of United States insurers, what do you tell your international partners about your ability to enforce the rules you agree with in our country?
The problem with the Export-Import Bank is the entire mission and structure.
I think that the system should be regularly evaluated to ensure that it continues to deliver relevant transportation choices to the communities it serves at an affordable cost to the taxpayer.





