Assets Quote by Mitt Romney
“I think Dodd-Frank has contributed to a concentration of banking assets in the hands of a small number of banks.”
About This Quote
Source Speech: Economic Policy Forum, 2018
Regulation can unintentionally consolidate power among few large banks, reducing competition.
In simple terms: Too much regulation may create big‑bank dominance.
Monitor and promote competition in finance.
Themes
Mood
Type
When to use this quote
- banking sector
- antitrust enforcement
- financial stability
Key Concepts
Questions to Reflect On
- What safeguards can balance competition with stability?
- How can smaller banks stay viable?
Regulatory reforms can also protect consumers and prevent crises.