McCotter said he would push for a fundamental restructuring of government and for Wall Street banks that received federal bailout money to free up credit.
"We're not seeing credit flow down to entrepreneurs, innovators and workers that will grow the economy and shape it for the 21st century," he said. "To me that has to be a linchpin of any economic policy that goes forward.
"You've got 14 million people unemployed. You've got up to 30 million people looking for jobs that aren't there to move up the ladder. You have to restructure the banks to get that credit and capital flowing."
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