Political Quotes

“I just want to make a couple of good points. Remember, my friends, disbarment is already a very common procedure. It was invoked over 2,000 times. So having another regulatory hurdle and hoop to jump through, just simply isn't necessary. Again, these regulations were, frankly, generated in the final waning months of the Obama administration. They haven't been in action, and there is sort of a regulatory fit. It is not, by the way, unusual for just the last administration. All administrations have this tendency near the end, and that is one of the reasons why we have the Congressional Review Act in the first place, so that when administrations, in their waning days, decide they want to leave difficult situations or push through things that they didn't see fit to do over an 8-year period, Congress can expeditiously make sure that those regulations aren't put in place and businesses are forced to begin to comply with them. As I pointed out in my opening remarks, the regulations released by the last administration--over 3,000 of them in an 8-year period--cost the economy over $870 billion. The regulations that were issued between election day and Inauguration Day cost the economy over $40 billion. That is real money. That is real investment that could go elsewhere and could hire people.…”