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Monday, March 13, 2017

Burgess Talks Trump Meeting on Fox Business

ABA Chairman-Elect Ken Burgess appeared on Fox Business’ “Varney and Co.” program on Friday to discuss the community banker meeting with President Trump the day before and describe ABA’s agenda for pro-growth regulatory reform.

“What I saw was a businessman with a business approach,” Burgess said of Trump. “He was very quick to ask aides who they could deal with on these questions.” Without getting into names, the bankers also discussed regulatory posts with the president, Burgess said. “We need people in the regulatory agencies who can bring a common-sense approach to how those rules are applied to different-size banks.”

Burgess – who is also chairman of FirstCapital Bank of Texas in Midland, Texas – told host Stuart Varney that ABA is urging policymakers to “look at specific areas of Dodd-Frank that are causing such a crush at community banks around the country,” adding that “we’ve had about 25,000 pages of new regulations passed out since Dodd-Frank was passed in 2010.”

Watch the interview.

2 comments:

Claire Wilson said...

The country has never seen a President as vile and repulsive as Trump. If Trump and his GOP henchmen carry out their agenda. Americans in the rust belt will see their healthcare cost skyrocket. The deal maker will successfully disrupt the trade alliance that create markets for American made goods and jobs will disappear ,companies fold. The gap between the supper rich and every other American will expand as Trump's billionaire club engineers lucrative tax breaks for corporate America. The national debt will explode after Trump and the Republican Congress put the cost of building the wall on the America tax payers credit card. Tax breaks for the wealthy and tax breaks for everyone else will shrink the necessary revenue needed to keep the budget in check. Inflation will will soar making bankers wealthy but drastically cutting into the purchasing power of American consumers. War may well come as Trumps cadre of renege generals look for opportunity to exercise American military power and Trump alienates the international world community . Paul Ryan will launch an attack on Social Security and American's will need to wait until 69 or 70 for reduced benefits. Medicare will become a voucher program and states will use their block grants as hidden piggy banks for dealing with state funding short falls. America's Public Schools will become a dumping ground for the poor while the wealthy will enjoy private schools with cherry pick student populations. America's volunteer military will not be able to keep up with the demands of new wars and benefits for military service will shrink as a result of the exploding national budget. Some Republicans will float the idea of re-instituting the draft. Our writing service experts assume that if America votes Republican in 2018 America will richly deserve the misery it has earned by allowing a Republican demagogue and a lobbyist controlled Republican congress continue to use fear, hate and bigotry to steer our national agenda.

Robert Welain said...

That's... astonishing.
We're living in very interesting period of changes throughout the world.

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