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Linda McMahon on Budget & Economy

 

 


Reduce financial regulations so small businesses get capital

McMahon praised Trump for signing a bill that rolled back some of the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, which was enacted in the wake of the financial crisis that precipitated the Great Recession. The legislation relieves small and community financial institutions from what she called "overly burdensome regulations" and from annual oversight measures that include stress tests and other compliance measures.

"This will make it easier for community banks and credit unions to lend money and give access to capital," she said. "Access to capital is key. It is a key factor in whether small businesses can succeed or fail."

As a result of the growth spurred by reduced regulation and the tax cuts, many businesses are having trouble finding workers with the skills they need, particularly people who work with their hands. That's why President Trump has made workforce development a priority, McMahon said.

Source: Business Journal Daily on 2018 Trump Cabinet , Aug 31, 2018

Supports a constitutional BBA.

McMahon supports the CC Voters Guide question on a constitutional BBA

Christian Coalition publishes a number of special voter educational materials including the Christian Coalition Voter Guides, which provide voters with critical information about where candidates stand on important faith and family issues. The Christian Coalition Voters Guide summarizes candidate stances on the following topic: "Passage of a Balanced Budget Amendment to the U.S. Constitution"

Source: Christian Coalition Voter Guide 12-CC-q11c on Oct 31, 2012

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Page last updated: Feb 28, 2019