Political Quotes

“Mr. President, today I wish to honor one of my Small Business Committee staff members and trusted advisers, Alex Hecht, as he prepares to depart Capitol Hill for the private sector. Alex joined my office in March 2005--6 years ago--as regulatory counsel for the committee, after serving as a legislative analyst for the National Multi Housing Council. Since then, Alex has taken on a host of issues vital to our Nation's small businesses and has been at the forefront of helping me craft critical legislation to assist these job generators. As regulatory counsel, Alex helped me develop an agenda to help small businesses fight the onerous regulations they face. And he has continued his work to this day. As has been noted frequently, our current Federal regulatory situation is outrageous. Small firms--our Nation's primary job creators--with fewer than 20 employees bear a disproportionate burden of complying with Federal regulations, paying an annual regulatory cost of $10,585 per employee, which is 36 percent higher than the regulatory cost facing larger firms. To reduce the burdensome task of complying with excessive Federal regulations, Alex helped me draft an amendment to the Dodd-Frank Wall Street reform bill that created small business advocacy review panels within the Consumer Financial Protection Bureau, or CFPB, through the Regulatory Flexibility Act so that the CFPB fully considers small business economic effects when it promulgates new regulations.…”