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Newt Gingrich: Repeal Dodd-Frank Consumer Protection Law

Newt Gingrich Dodd Frank Consumer Protection Finan

AP/The Huffington Post   First Posted: 06/14/11 02:08 PM ET Updated: 08/14/11 06:12 AM ET

CONCORD, N.H. - Former House Speaker Newt Gingrich says his presidential campaign will be a grass-roots effort focused on replacing, rather than tweaking, the institutions and policies that have driven the nation into what he calls the Obama Depression.

He spoke to lawmakers and business leaders in Concord on Tuesday, a day after appearing with rivals at a debate.

Gingrich called for repealing the Dodd-Frank consumer protection and Wall Street reform law. He said it's killing small banks and businesses. He advocated overhauling the Federal Reserve and U.S. Treasury. He says they are rife with "crony capitalism."

He's trying to restart his campaign after watching his top aides resign in protest last week and a very rock first few weeks on the trail.

"I think it's going to be a very positive campaign," he told reporters in the Granite State, the Concord Monitor reports. "It's going to be a campaign of solutions. It's going to be a campaign focused on real issues."

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