Scott Garrett: “The SEC's ongoing failure to develop what I might call a capital formation agenda remains one of the most serious…”

Yes, we have the opportunity today to save capitalism from cronyism. Yes, we have the opportunity to protect the American taxpayer and the American Dream and to preserve free enterprise.

For too long our financial regulatory system has been governed by global networks of really detached elites who believe they are smarter than the market and the people when it comes to allocating and assessing risk.

If confirmed, I will support and carry out the President's agenda to pursue trade policies that create American Jobs and are fair to the American worker.

So, if your policies, as Ben Bernanke indicated it does and you are nodding your head as well, benefits the stock market, raises asset prices, who are you benefiting? The rich. Who are you hurting? The poor.