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Ron Johnson: “Dodd Frank quite honestly has prevented [the transmission…”

Featuring: Ron Johnson, Republican | U.S. Senate, Wisconsin

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Senator Johnson on CNBC's Kudlow Report

Published | Video Starts at 05:56

But it doesn't, we obviously need a function financial system and we need to get that money, that transmission system of borrowing down to the smaller to medium sized businesses. And that's what Dodd Frank quite honestly has prevented [the transmission system of borrowing] from happening. So I mean, let's face it, this President's agenda has taken us 180 degrees in the wrong direction. (05:56–06:01)

CLAIM

Asserts that the Dodd-Frank Act has hindered borrowing for small to medium-sized businesses.

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