“I mean, Dodd-Frank is strangling small community banks. It doesn't make any difference what the interest rate is. They're not - they're not going to loan the money because they can't make any money for one thing plus the cost of compliance.” MeanInterestCommunityDifferencesOne ThingCostRatePlusFrankLoanInterest RateComplianceStranglingSmall CommunitiesDodd Frank Author:Rick Perry
“The constant need for special waivers is symptomatic of poorly written public policy. It's a signal that the cost of compliance is unreasonably high; the benefits are hard to measure; and either legislators or regulators have failed to do their homework.” NeedsHardWrittenSpecialPolicyCostBenefitsConstantSignalsHomeworkLegislatorsPublic PolicyComplianceRegulatorsWaiver Author:John Sununu