Congressman Hensarling supports Financial CHOICE Act

House Financial Services Committee Chairman Jeb Hensarling of Texas argues that the Dodd-Frank Act was a monumental triumph of ideology over compassion and common sense, that it's promises were broken including ending too big to fail, that the big banks are bigger, historic levels of volatility and illiquidity in the corporate bond market, and that mortgages are harder to come by. Hensarling reads a letter from a Massachusetts banker, a New Hampshire driver, and a Salt Lake City caterer, adding that the Financial CHOICE Act is going to create hope and opportunity for investors and others, that contrary to Dodd-Frank and what every Democrat will argue, bank bailouts are ended once and for all, replacing economic stagnation with a growing healthy economy and Washington micromanagement with market discipline holding Wall Street accountable with the toughest penalties they have seen, in order to ensure that the American dream is not a pipe dream, but instead a vision limited only by imagination.
House Financial Services Committee Chairman Jeb Hensarling of Texas argues that the Dodd-Frank Act was a monumental triumph of ideology over compassion and common sense, that it's promises were broken including ending too big to fail, that the big banks are bigger, historic levels of volatility and illiquidity in the corporate bond market, and that mortgages are harder to come by. Hensarling reads a letter from a Massachusetts banker, a New Hampshire driver, and a Salt Lake City caterer, adding that the Financial CHOICE Act is going to create hope and opportunity for investors and others, that contrary to Dodd-Frank and what every Democrat will argue, bank bailouts are ended once and for all, replacing economic stagnation with a growing healthy economy and Washington micromanagement with market discipline holding Wall Street accountable with the toughest penalties they have seen, in order to ensure that the American dream is not a pipe dream, but instead a vision limited only by imagination.
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Restrictions:
May not be used as partisan political campaign material to promote or oppose the candidacy of any person for elective public office, and may not be used to distort the objects and purposes of the hearing, or cast discredit on or dishonour any member of the United States House of Representatives or US Senate, or bring the House or Senate or any Member into disrepute.
Editorial #:
694466234
Collection:
FedNet
Date created:
08 June, 2017
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Licence type:
Rights-ready
Release info:
Not released. More information
Clip length:
00:05:51:09
Location:
Washington, DC, United States
Mastered to:
QuickTime 8-bit H.264 HD 1280x720 30p
Source:
FedNet
Object name:
hflr060817b.mov