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Democrats Join Wall Street CEOs in Defending Dodd-Frank


Washington, Apr 28 -

WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today in response to Democrats’ “Minority Hearing Day”:

"Barack Obama is pocketing $400,000 for a Wall Street speech and Professor Warren is joining Wall Street CEOs in defending Dodd-Frank. How awkward for the Democrats. The Financial CHOICE Act ends bailouts for Wall Street and imposes the toughest penalties in history for those who commit financial fraud and insider trading. Community banks and credit unions are supporting the Financial CHOICE Act. Wall Street CEOs and Democrats are the ones saying, ‘Don’t repeal Dodd-Frank.’"