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Lindsey Graham presidential campaign, 2016/Banking policy

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Lindsey Graham suspended his presidential run on December 21, 2015.[1]


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Presidential candidate
Lindsey Graham
Political offices:
U.S. Senator
(Assumed office: 2003)
U.S. House of Representatives
(1995-2003)
Graham on the issues:
Taxes • Banking policy • Government regulations • International trade • Budgets • Agricultural subsidies • Federal assistance programs • Foreign affairs • Federalism • Natural resources • Healthcare • Immigration • Education • Abortion • Gay rights
Republican Party Republican candidate:
Donald Trump
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This page was current as of the 2016 election.

  • In July 2013, Lindsey Graham voted to confirm Richard Cordray as the first director of the Consumer Financial Protection Bureau. According to The Huffington Post, Republicans filibustered Cordray's nomination for a year to protest the Dodd-Frank Act. Graham said, "Cordray was being filibustered because we don’t like the law. That's not a reason to deny someone their appointment. We were wrong."[2]
  • In December 2011, Graham described the Consumer Financial Protection Bureau as "something out of the Stalinist era." He said, "The reason Republicans don't want to vote for it is we want a board, not one person making all the regulatory decisions."[4]
  • In 2009, Graham said the Troubled Asset Relief Program was "necessary because the whole economy was gonna collapse, and Bernanke, Paulson, and everybody that I know and quite frankly trust, after Lehman Brothers went down, that if we had not involved ourselves, quickly, we'd have a financial meltdown. ... That's no reason to keep giving money to banks. I think what we ought to do now is if a bank can't make it through raising private capital, then they ought to be broken up and sold off."[6]

Recent news

The link below is to the most recent stories in a Google news search for the terms Lindsey Graham on Wall Street and banking policy. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.

Lindsey Graham presidential campaign, 2016/Banking policy - Google News

See also

Footnotes

  1. ↑ NPR, "Lindsey Graham Ends Presidential Bid," December 21, 2015
  2. ↑ The Huffington Post, "Lindsey Graham Admits It Was 'Wrong' To Block Richard Cordray Vote," July 17, 2013
  3. ↑ Congress.gov, "S.202 - Federal Reserve Transparency Act of 2011," accessed December 9, 2015
  4. ↑ The Huffington Post, "Lindsey Graham: Consumer Protection Bureau 'Is Something Out Of The Stalinist Era,'" December 11, 2011
  5. ↑ Senate.gov, "U.S. Senate Roll Call for H.R. 4173 (Restoring American Financial Stability Act of 2010)," July 15, 2010
  6. ↑ YouTube, "Lindsey Graham Is Asked Why He Supported The Bailouts," May 18, 2009
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