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End ‘Too Big To Fail’ Policies Last week I joined nine of my colleagues on the Senate Banking Committee by sending a letter to Secretary of the Treasury Steve Mnuchin expressing strong support for the Department of the Treasury to use all tools available to end the Financial Stability Oversight Council’s (FSOC) 'Too Big To Fail' policies and to ensure taxpayers are not responsible for any new bailouts.
Among its many flaws, Dodd-Frank enshrined 'Too Big To Fail' as an official policy by creating a Federal council to designate nonbanks as "systemically important financial institutions." These designations offer large firms implicit taxpayer backing for future bailouts and result in massive new regulatory costs.
You can read the letter here.
Judge Neil Gorsuch Judge Gorsuch is a balanced jurist who understands the importance of an independent judiciary, and I respect him greatly. Aside from his impressive academic credentials and decades of experience in the legal profession, Judge Gorsuch is committed to interpreting our Constitution as it was intended by our founding fathers.
At a time when our country is experiencing some uneasiness and concerns about trust, we need a Justice like Neil Gorsuch who will be fair, impartial, and consistent.
You can read my column on his nomination here.
Go Gamecocks Congratulations South Carolina Women's Basketball on your first NCAA National Championship! What an amazing end to a great season.
Can’t wait to try the world-class cheese, ice cream, & peanuts, Senator Roger Wicker (R-MS). Spurs up!
Sincerely,
Tim | 