Hatch Opposition to Cordray

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Uploaded by on Dec 12, 2011

"My opposition to Richard Cordray's nomination on December 8, 2011 has nothing to do with him personally, but rather to the lack of accountability of the position and the new agency as it's currently structured.

The Dodd-Frank law is another example of the type of government overregulation that's standing in the way of economic growth. Frankly, that's why repealing it is part of the jobs plan I've put forward. The law gives Washington bureaucrats an enormous amount of unchecked power over what type of investments people can make and stifles economic investment at a time of near double digit unemployment."

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