Dodd-Frank erodes the economic freedom and opportunity that empowers low-income Americans.
Dodd-Frank has, regrettably, made us less free.
And this is not the system that created the American miracle. And it is a dangerous system.
With the advent of subprime lending, countless families now have their first opportunity to buy a home or perhaps be given a second chance.
I think that Dodd-Frank, by creating all of this regulatory power, has created uncertainty and fear in the business community.
At the same time, we are seeing community banks, the drivers of economic growth, continue to struggle under this crushing regulatory onslaug...
It is not just that Dodd-Frank did bad things. Not everything in Dodd-Frank was bad.
But the problem is it gave so much discretionary power to regulators that now we are ruled by regulation.
The time of the gentleman has expired.
The Fed's refusal to cooperate in a congressional investigation threatens both its reputation and its credibility.
We in Congress would be grossly negligent if we did not engage in greater oversight of the Federal Reserve System.