Quotes About Regulation

You can't just magically create subsides through executive fiat.

Is there a way that we would actually recognize the game of football with fewer tackles and fewer collisions? I'm not sure. But I think that's the direction we're going to have to go. Bigger fields? Fewer players on the field? I think we are ultimately going to have to change some of the major rules of the game.

I think I've had my fill of electoral law.

The whole financial industry is consolidating in the United States.

At some point, there will be some other financial crisis. It's in the nature of a capitalist system.

Dodd-Frank has disproportionately burdened community banks, despite their having no role in the financial crisis.

Developments in financial markets can have broad economic effects felt by many outside the markets.

You shouldn't be trying to create a system where no bank fails, but you should be creating one that catches a bank and allows it to fail without impacting the financial markets.

There are no free financial markets in America or, for that matter, anywhere in the Western word, and few, if any, free markets of any other kind.

Too few people in my old field of financial services were ever brought to book for their part in the 2008 crash.

In 2003, GlaxoSmithKline paid $88 million in civil fines for overcharging Medicaid for its anti-depressant Paxil.

Firearms manufacturers usually find themselves playing defense.

Americans have the right under the Second Amendment to own firearms, and that is not going to change.

It's hard to get fired from the government. You have to, like, kill people.

I tell them the rules are made by the government. Every firm should comply. It doesn't mean they can't compete.

The possibility of bringing white-collar criminals to justice is ever receding over the horizon.

White-collar crime has been marketed - billions of dollars have been put in to have us be bored by it.

White-collar crime gets more outrageous by the second in America.

While the DOJ and the SEC must be vigilant in investigating and prosecuting white-collar misconduct, we must also ensure that we are acting fairly and prudently.

After a shooting spree, they always want to take the guns away from the people who didn't do it. I sure as hell wouldn't want to live in a society where the only people allowed guns are the police and the military.

To the extent that people overpay as a result of the Libor manipulation, they should be able to get their money back. Individuals who have mortgages, pension funds who had pensioner investments - whoever was ripped off is entitled to get their money back.

Do not have any doubt that I will apply the law over whoever is responsible for not complying with the law.

The whole infrastructure of air travel was, and is, part of government policy. It is not a natural development of a free economic system - at least not in the way that is claimed. The same is true of the roads, of course.

Black-marketeers are really knowing, intelligent, and ordinarily responsible people, and when they indulge in black-marketing, I think they ought to be very severely punished because they undermine the entire system of control and regulation of foodstuffs and essential commodities, and cause wholesale starvation and want and even death.