Skip to content

Banks Quote by Mitt Romney

“Dodd-Frank was passed. ... This is the biggest kiss that's been given to New York banks I've ever seen. This is an enormous boon for them. There've been 122 community and small banks have closed since Dodd- Frank. ... I would repeal and replace it.” quote by Mitt Romney
Download Open image
“Dodd-Frank was passed. ... This is the biggest kiss that's been given to New York banks I've ever seen. This is an enormous boon for them. There've been 122 community and small banks have closed since Dodd- Frank. ... I would repeal and replace it.”

Mitt Romney

About This Quote

Source Speech: 2012 Republican National Convention, Boston

Criticizes Dodd‑Frank as a boon for big banks, noting community bank closures and calling for repeal.

In simple terms: Calls Dodd‑Frank harmful to small banks.

Key Takeaway

Advocate for regulatory reform favoring small banks.

Themes

financial regulation banking industry policy criticism

Mood

critical political

Type

economic policy

When to use this quote

  • bank lending
  • community banking
  • policy debates

Key Concepts

economics legislative impact

Questions to Reflect On

  • What alternatives protect small banks?
  • How to balance regulation and growth?
A Different Perspective

Regulation also protects consumers.

2.8 out of 5 (3 ratings)

More by Mitt Romney

Explore all 781 Mitt Romney quotes

More Banks quotes

Browse all 387 Banks quotes