Political Quotes

“Mr. President, I spent 28 years in the private sector before entering public service. In fact, in 2010 I was working at RightNow Technologies in my hometown of Bozeman, MT. We were growing a technology company there. We were creating good, high-paying jobs in Montana--in fact, about 500 jobs there. While I was working to grow jobs back home in Montana, President Obama and a Democratic majority in the House and the Senate were passing legislation that stifled job creation--in fact, costing our economy billions of dollars and penalizing small local banks and credit unions for the wrongdoings committed by bad actors on Wall Street. I am talking about Dodd-Frank. Since Dodd-Frank's passage, the number of federally insured credit unions in Montana fell by over 10 percent. The number of Montana State chartered banks fell over 34 percent, from 64 to 44. This is no surprise because Dodd-Frank empowered more than 10 Federal agencies to write more than 400 new rules, imposing 27,000 mandates, many of which fell on these local banks and credit unions. These small community businesses don't have the ability to keep up with the onslaught of these new rules, new regulations, and guidance constantly coming out of Washington following Dodd-Frank, and the customers are suffering. Small local banks and credit unions are uniquely capable of knowing their customers and providing tailored financial services to meet their customers' individual circumstances.…”