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Kathy Szeliga on Corporations

 

 


Policy makers care more about Wall Street than Main Street

Q: Are the steps Congress and the Obama administration took to increase regulation of Wall Street in the wake of the financial crisis appropriate?

Szeliga: Actions, and at times inactions, by Congress and federal agencies failed to protect Americans from the financial crisis. As a small business owner, I know how painful the financial crisis was on families and businesses. Too often, policy makers care more about Wall Street than Main Street. Local community banks are struggling as a result of the increased regulations. While we need to regulate big Wall Street banks who were the bad actors; we need to make sure community banks, who know their local communities, are protected. Finally, no bank should be considered too big to fail. Taxpayers should never have to bail out big banks.

Source: Baltimore Sun Voter Guide on 2016 Maryland Senate race , Sep 9, 2016

Other candidates on Corporations: Kathy Szeliga on other issues:
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Page last updated: Oct 03, 2016