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Tuesday, March 15, 2011

Congressman Eric Cantor Addresses ABA GR Summit: You are what allows our economy to grow!

Congressman Eric Cantor addressed ABA's Government Relations Summit today and thanked bankers for their advocacy commenting, "You are at the center of what allows our economy to grow!"
Among other things, Congressman Cantor addressed the creation of the new CFPB and the many new regulations that will be coming from it:
There's no question that the pendulum has come too far... We don't need more regulation, we need smarter regulation.. the entity that is belong created. .. will increase the cost of credit for those who need it most... We are not overregulated, we are super-overregulated!

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