VIDEO: Fratto on CNBC: Fixing the Broken Tax Code
VIDEO: Fratto on CNBC: Pres. Obama: Successful People Had Help from Government
Fratto on CNBC: Romney a Felon?
Fratto on CNBC: The Jobs Clock is Ticking
On the June jobs numbers:
“We always knew the level was going to be difficult for the President. We knew unemployment was going to be somewhat high and growth wasn’t going to be terrific. What they banked on was being able to tell a good story that things were getting better. That’s becoming a much tougher story to tell today. He needs a string of them to show good momentum. He’s had four bad ones.”
On what President Obama can do to get business hiring more:
“If he came forward with a dramatic — it’s up for grabs for both candidates, a dramatic tax reform plan that was pro growth, cleaned up the tax code and talked about tax policy in a permanent way… The problem is we are always talking about it in terms of six, eight, 12 months.”
On regulatory policy:
“What the president is proposing sounds like what he proposed in 2009. It did not work as well as it should have. that’s a very difficult message to sell in a weak …
VIDEO: Fratto on CNBC – Is the U.S. still the global leader?
VIDEO: Rustin Silverstein on Washington Business Report – Dimon in the rough
Rustin Silverstein on the Jamie Dimon hearing:
I think what [Jamie Dimon] did most successfully came before the hearing. He did the hard work that a lot of executives—particularly Wall Street executives—don’t do. He cultivated relationships in Washington with policymakers and he made himself accessible to the public and the press in a way that many executives don’t.
He had a reservoir of goodwill by the time he got [to the hearing]. I think people were already inclined to think better of him than they would have of some of his colleagues on Wall Street. At the hearing itself, he came out of the box apologizing, expressing responsibility for what went wrong and determination to see that it didn’t happen again.
Most people are willing to move on. They don’t want to relieve what happened four years ago. They don’t quite understand the complexity of what’s going on in financial institutions—I think we may have learned this week that Jamie Dimon still may not have fully understood. I think most people are concerned about their …
VIDEO: Lauren Crawford on Fox News – Uploaded Weapons