Page 155 - Chris Dodd News Today

Its a congressional bill. the president cat chang it. hes basically telling the treasury secretary to talk to the regulatory agencies and find out what they can do to change it. thats what that part is. its a bit of optics but he did say he was going to roll back dodd/frank and it sounds hes going to get that down. >> i bow to you because you summed that up in a cogent and understandable way. good job. >> thank you. >> im going to stay right here. im going to keep my job, as you are suggesting. ...

Are lower than they would like them to be. thats because after the recession from 2009 to 2015, wages were largely stagnant. the recession was so bad and there were so many workers out there, that you couldnt demand more money for the work you do. we only started to see wages rising in 2015. now theyre rising into 2016. but thats why the 4.8% or 5% unemployment rate doesnt mean as much. now, you saw those market numbers. you saw the dow up 175 points when we started this conversation. thats got ...

People. now, i dont know how effective the sanctions by iran is going to be, but this is the first step theyve taken issuing this statement from the foreign ministry. im sure were going to see a lot more come out from the iranian government tomorrow and take other actions. what i can tell you, katy, is that i spoke to an analyst here. he thought that the -- he thought americans are trying to get iran to pull out of the nuclear deal. and he said that will never han. the most hardened of hard-line...

Cooperate with him, then we should have a somewhat stronger economy. >> julianne, what does it mean if donald trump ends up being able to roll back dodd/frank? what will it mean for the average american? >> consumers will have a lot less protection. we needed dodd/frank. we got it in 2010. we still need it. theres still all kinds of financial cha cannery going on. while he cannot roll back dodd/frank, he certainly has, as was reported, signed an executive order saying, lets review it. its not go...

People. >> groug let me answer? >> these working class people who want more and arent going to see more with the roll back of dodd/frank. >> you got a moment. answer quickly. >> essentially, we want to protect everybody. remember, aig was one of the biggest investors in the country and it went under because of -- because of excesses in the financial market. the trick here is to educate people better about the kinds of securities theyre buying. only a fool would have thought they could get 12% on...

Continuation of the obama gains. we didnt see that in wages at all. please, dont sit off your seat and go ask for more money because youre not likely to get it. >> well, donald trump -- >> someone is likely to come in and bid you 10% under. i promise you that. >> im going to stay. ill stay seated. youre right, donald trump created a much different economy than president obama did back in 2008. peter, jumping off that, when you do roll back dodd/frank, what does that mean for the consumer? are we...

Being reserved for family, for friends. chris dodd, the former senator from connecticut has been spotted. you can bet there will be dignitaries there as well as as well, not the least of whom will be the president, mrs. obama and, of course, vice president biden and his wife jill. this is something that is sort of a story many people have found to be tremendously unexpected. these two men who would seem to be so very different, who came so very close over the course of the last eight years when ...

United states economy is not represented entirely by the stop market. the market responded very positively to the news that the president election because they are going to immediately start reeling back regulation. dodd-frank, epa, you know, these are very costly regulations that do crush every price. you will see americans being hired immediately and more money in peoples pockets because of the productive workflow built to do. >> dodd-frank. sorry, i always get them backwards. chris dodd, barn...

>> i want to finish this point if thats okay. the fact is, barack obama got all of the attention and hillary clinton was next, and you had after every debate us saying the same thing, and the winners of every single debate were joe biden and chris dodd, and nobody else was close on points, and nobody paid attention to them because they were too old white guys. >> they didnt rate. >> they were the most qualified guys to be president of the united states, and they gave the best debates and should ...

>> donald trump made what was a dog whistle into a bullhorn, and paul ryan when he talks about inner city people that dont -- who are in a hammock and dont work, and its not saying all mexicans are rapist the way donald trump did, and -- when you close your eyes, what race do you see? when you think of takers and the 47% and you think of welfare. >> paul ryan, i have to say, nobody has talked in my republican party, and chris, i will go to you, about poverty more than paul ryan and said he we mi...