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Wayne Rogers & Co. Chairman Wayne Rogers explains why he's fired up over the problem of agency proliferation.
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Interest in reaction after the jobs report our next guest -- times all fired up about the president's recess appointments we -- talking about earlier in the implications they could have for the future -- Rogers the chairman Wayne Rogers and company.
Today's in Salt Lake -- -- joins us live from there are right now.
When we we're you know date and had governor Keating on a talking about that Richard -- -- the deal but they're also the National Labor Relations Board -- said.
Rethinking the -- -- -- has all been handled just a few minutes by the way before we'll hear from the president with Richard quarter to cut.
Well Connell I think obviously -- they they are good they are constitutional considerations here I mean he.
Whether or not -- said it was in session or not that's a question whether or not that is a vote of valid reason to.
That he could make an excuse to make disappointment when you when this fellow was -- -- by the -- he was previously turned down.
I'm not so concerned about that is I am concerned about the fact that -- Dodd-Frank act.
Which is 2200.
Pages long that nobody read and they passed it and it contains this this this particular.
Consumer protection bureau within it.
Which is 21 rules already.
That nobody can comply with it it did the defendant is really astounding to me is that there is down arrogance in the federal government that says.
We eat the federal government always knows what's better for you that -- so -- Why can't the consumer make up his own mind he's an intelligent guy -- Saudi buys something whatever it is that these -- he doesn't need the protection of some -- in Washington.
Telling him what that -- Here's a thing -- you you you said one thing earlier that's -- in this.
They passed it.
So they had a debate on the floor and and you know -- -- of congress and they agreed to pass the Dodd-Frank act in India is this Consumer Financial Protection Bureau -- -- does senator Shelby about this when -- first came out.
Or when -- appointment and the argument first campus -- you guys passed the law.
So and and portable losses is this bureaus supposed to have a boss so.
You know you're saying you won't give it a boss I've just don't like to guide the division -- mob in the wash in the past but it did.
Well column you write them a law did -- did they should bid should be revoked.
That there's no doubt about it there's too much garbage in this bill okay that is going to -- it effect the economy.
Adversely as opposed to big difference of post so until then what would we replace it -- because it wasn't exactly what the regulatory structure leading up to -- wait for the ten years or so before that was.
Going great guns after -- repeal Glass-Steagall and everything else we.
I think that was the only reason for the crisis but a lot of people will tell you it was a contributing factor that we didn't have the best rules in place what would we replace Dodd-Frank with if you repealed it before.
-- you you just added I think it's obvious that.
Glass-Steagall work -- and I don't 33 to 1988.
Just rain let me just put Glass-Steagall but bad.
And let it be -- was 28 pages long not 2200.
Pages and you read you just get rid of Dodd-Frank input Glass-Steagall back and middle work.
When asked about the economy at a much got a minute but this jobs report was -- wasn't this morning things get better of what's your view I I yes web but you -- -- did that then.
Job reports are lagging indicator they -- -- -- advance indicator so -- We're getting information that his past.
I don't think that tells us much about what's the way we -- to be next June or July August it's improving that's good it's improving but how much is it improving not enough.
Okay fair enough and always -- that young mind talked against thanks Wayne Rogers from --
