Political Quotes

“The economic downturn in 2008 caused Michiganders and folks around the country to lose their jobs, families to lose their savings, and even some to lose their homes. Since that time, folks on the other side of the aisle have been attempting to convince the American people that the Dodd-Frank Act is ``the answer'' to the financial crisis, despite the law failing to actually address the root cause of the downturn. In reality, Dodd-Frank has made it more difficult for hardworking taxpayers to secure a future for themselves and their children by denying them the economic recovery that they deserve. Hardworking Americans rely on capital markets to save for everything from college to retirement. We as Congress must act to eliminate the burdensome and unnecessary red tape created under Dodd-Frank to ensure U.S. capital markets remain the most effective in the world so that all investors can receive the greatest return on their investments. Since Dodd-Frank, our capital markets have become less stable, less efficient, and less liquid, which has made it more difficult for small businesses and American job creators around the country to access the necessary financial resources in order to expand and create jobs. In fact, Dodd-Frank has severed access to the capital markets for Main Street businesses and entrepreneurs who are the heartbeat of the American economy.…”