Search Results | 'Chris Dodd'

AIG Chiefs Pressed to Dontate to Chris Dodd

As Democrats prepared to take control of Congress after the 2006 elections, a top boss at the insurance giant American International Group Inc. told colleagues that Sen. Christopher J. Dodd was seeking re-election donations and he implored company executives and their spouses to give.

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CNN’s Cuomo Slams Bill Taking Aim at Dodd-Frank Regulations

<p>While interviewing Rep. Jeb Hensarling (R-TX) Tuesday morning, <em>New Day</em> co-host Chris Cuomo slammed a proposal that would roll back some of the Dodd-Frank regulations passed in response to the 2008 financial crisis.</p&g…

CNN's Cuomo Spews False Democratic Talking Points About Dodd-Frank, 'Consumer Protection Agency', and EPA

The Democratic Party can always count on CNN New Day co-host Chris Cuomo to push their talking points for them. On Wednesday, Cuomo spewed nonsense about President Trump’s support for reforming Dodd-Frank and the “Consumer Protection Agency”:

He’s also attempting to roll back parts of the Dodd-Frank bill, passed in the wake of the financial crisis, effectively making it easier for those on Wall Street to once again gamble recklessly. He’s also hobbling the Consumer Protection Agency. 

First of all, Dodd-Frank is a complete disaster that doesn’t protect anybody. Instead, it hinders small banks and puts a massive regulatory burden on the economy that does not prevent abuses. It was also unnecessary considering one of the main causes of the economic crash was the government essentially forcing banks to give out subprime loans. Meaning, no, it wasn’t just a bunch a greedy Wall Street executives running wild. Many of them were taking their orders from Washington.

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Second, the main feature of the Republican reform bill is as follows:

If they maintain a significantly higher level of capital, they would receive additional regulatory relief — the choice for which the bill is named. Higher capital means less indebtedness and more funding through ownership stakes. The idea is that requiring higher capital would reduce the likelihood of a bank collapsing and also institute more market discipline because owners have more skin in the game. No banks that had the levels of capital required by the bill failed during the crisis.

In other words, Dodd-Frank is built off of a false assumption. This GOP bill would be an improvement. The attack isn’t surprising though, as this isn’t the first time Cuomo has pushed this narrative.

Now, when it comes to the “Consumer Protection Agency,” Cuomo probably does not have the slightest clue what he is referencing. In fact, I know he doesn’t because there is no such thing as the “Consumer Protection Agency.” What he means is the Consumer Financial Protection Bureau (CFPB), which is also a disaster. It is a bureau that is accountable to no one, yet wields serious power in its ability to enforce regulatory laws on banks including small ones and there is nothing Congress or the president can do about it. They are an agency of harassment that answers to no one. The Trump administration is arguing in court that it is unconstitutional for the head of the agency to be unfireable. But Chris would know none of this because he gets his information spoon fed to him from the Democrats.

Cuomo also stated that “Trump famously pulled out of the Paris accord, but he’s also moving to roll back the clean power plants, the Waters of the United States rule, that protects smaller bodies of water and the Arctic drilling ban.”

In reality, the EPA has used this rule to prosecute people for having puddles on their property, destroying lives. The Supreme Court has rebuked them many times, only to have the radicalized agency redefine what “waters” defines.

See the following reports for more details on the rule:

Final ‘Waters Of The U.S.’ Rule Is More Overreach By EPA

The “Waters of the United States” Rule and the Void-for-Vagueness Doctrine

Support Corruption – Elect Democrats

A parade of corrupt politicians from the Democratic Party: Charlie Rangel, Chris Dodd, Jamie Gorelick, and Barack Obama.

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Biden Vice Presidential Pick Narrowed to Five Women, Including Michigan Gov. Whitmer: Report

Five women are said to be at the top of former Obama Vice President Joe Biden’s list of potential vice presidential running mates, according to a report by NBC News citing sources “familiar with the matter.” Biden, the Democratic Party’s presumptive presidential nominee, has taken advantage of the month delay of the party’s Milwaukee convention,…

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FLASHBACK: The Liberal Media Loved Kamala Harris’s Takedown of Joe Biden from the Left

Whoever Joe Biden picks as his running mate, they’re almost certain to be treated to a hero’s reception by the liberal media. But if Biden picks California Senator Kamala Harris, the positive coverage she’ll receive this week could still pale next to t…

‘Why Are They Under Seal?’ Tara Reade Calls For Release Of Biden’s Senate Records

She’s not going away. While the mainstream media has barely covered Tara Reade’s allegations that then-Sen. Biden sexually assaulted her when she worked for him as a 29-year-old staffer — and top TV talking heads like CNN’s Anderson Cooper refuse to ask the presumptive presidential nominee about the claims — Reade is upping her game.…

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Video of Joe Biden Saying ‘Our European Culture’ Is ‘Not Imported from Some African Nation or Some Asian Nation’ Causes Controversy

A video clip of leading Democrat presidential candidate former Vice President Joe Biden talking about “our European culture” not being “imported from some African nation or some Asian nation” at a New Hampshire campaign stop on Monday stirred up controversy when it was posted online Wednesday. Democrats and liberals in the media claimed Biden was […]

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Flashback: ‘Lion of the Senate’ Ted Kennedy’s Weird Sex Antics Widely Known

<p>The sudden condemnation of sexual harrassment by Democrats within their own ranks rings a bit hollow especially due to the suspicious timing. It now seems as more of a way for Democrats to go after President Donald Trump or Judge Roy Moore of …

VOTER FRAUD: 12 Indiana Democrats Charged with Falsifying Registration

In October Indiana police raided the offices of the Indiana Voter Registration Project in north Indianapolis in a growing voter …

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More Crooked Democrats: Police Raid Offices of Indiana Voter Registration Project in Voter Fraud Case

Indiana police raided the offices of the Indiana Voter Registration Project in north Indianapolis on Tuesday in a growing voter …

The post More Crooked Democrats: Police Raid Offices of Indiana Voter Registration Project in Voter Fraud Case appeared first on The Gateway Pundit.

UPDATED: Barack Obama’s Fannie Mae, Freddie Mac Connection

Lehman Brothers collapse is traced back to Fannie Mae and Freddie Mac, the two big mortgage banks that got a federal bailout a few weeks ago. Freddie and Fannie used huge lobbying budgets and political contributions to keep regulators off their backs. A group called the Center for Responsive Politics keeps track of which politicians […]

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WINNING! Activist Immigration Judges Quitting in Frustration After Trump Admin Crack Down

Immigration judges frustrated with the Trump administration’s tightening of control over the Department of Justice based immigration court system are resigning from the bench in higher than normal numbers, many out of frustration, according to a report by CNN. The crack down began under former Attorney General Jeff Sessions and has continued under Attorney General […]

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IMPEACH THIS! Democrat’s Sham Impeachment Can’t Stop President Trump’s Miraculous American Revival!

President Donald J. Trump is celebrating arguably the best first 1,000 days for any President in US history since Washington.  This is in spite of the fact that no President since Lincoln has faced the plethora of attacks coming from his adversaries that this President has faced. The Democrat’s farce impeachment on based on no […]

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Will They Give It All Back? Harvey Weinstein Gave At Least $750K To Democrats Since ’91 (Complete List)

Embattled Hollywood producer and mega liberal donor Harvey Weinstein gave over $750,00 to Democrats since 1991. Will the party of Pelosi, Schumer, Obama and Hillary give it all back? During three-decades of sexual harrassment allegations, Harvey Weinstein gave at least $769,532 to Democrats & DNC.. https://t.co/l0fMBYK39S pic.twitter.com/owZAMjl9Ep — Michael Ahrens (@michael_ahrens) October 5, 2017 Below […]

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UPDATED: Nazism in America: Meet the Obama Youth Brigade

These students appear to be brainwashed and obviously cohersed into some type of mind control by Obama supporters and school teachers. This video should be shocking to most normal people.

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