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As the industry’s top lobbyist, he will play a major role in the industry’s efforts to make new Dodd-Frank rules, which Congress passed in 2010 in response to the 2007-2009 financial crisis, more favorable for Wall Street as regulators implement the law.The measure - a response to the crisis fueled by risky financial swaps trading at some firms that required multibillion-dollar tax payer bailouts - has yet to be fully enacted."Few industries have more impact on the entire economy - and on the lives of average Americans - than financial services. I realize there is still work to be done to continue to earn customers’ confidence," Pawlenty said in the statement."Our members will best accomplish that goal by responsibly investing every day in our communities and job creators," he added.
Tim Pawlenty To Head Financial Services Roundtable, Push To Weaken Dodd-Frank

As the industry’s top lobbyist, he will play a major role in the industry’s efforts to make new Dodd-Frank rules, which Congress passed in 2010 in response to the 2007-2009 financial crisis, more favorable for Wall Street as regulators implement the law.

The measure - a response to the crisis fueled by risky financial swaps trading at some firms that required multibillion-dollar tax payer bailouts - has yet to be fully enacted.

"Few industries have more impact on the entire economy - and on the lives of average Americans - than financial services. I realize there is still work to be done to continue to earn customers’ confidence," Pawlenty said in the statement.

"Our members will best accomplish that goal by responsibly investing every day in our communities and job creators," he added.

Tim Pawlenty To Head Financial Services Roundtable, Push To Weaken Dodd-Frank

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  1. sanchinto reblogged this from huffingtonpost
  2. jimrehs reblogged this from huffingtonpost and added:
    We the corporations…… I’m so tired of corporations screwing the country and its citizens.
  3. huffingtonpost posted this