Jacksonville, Fla. — Rep. Jay Fant today announced that he will not continue his run for Attorney General of Florida and will instead apply for the cabinet-appointed post of Commissioner of the Florida Office of Financial Regulation (OFR). Rep. Fant’s application for the Florida Cabinet to consider will be posted online along with the other applicants for the OFR Commissioner role.
Fant said, “After years of work in the private sector, I first decided to pursue elected office because I experienced first hand what wayward government policy does to business. I was running a small community bank during the Great Recession and Florida real estate crisis. Our company, like all banks and financial firms, suffered tremendously. The federal government intervened by passing a massive bank bailout that helped the largest banks and left the small community banks out in the cold. 64 banks in Florida alone, including ours, went out of business. Wall Street won. Main Street lost.
“Businesses in Florida must operate on a level playing field and our willingness to fight for that is vital to the success of free enterprise. These beliefs led me to run for the Florida House, and then last year to run for Attorney General. The recent opening for Commissioner of the Office of Financial Regulation, however, is the position most in line with my experience in banking, law and policymaking and I will seek that appointment. My passion is to see that limited government be fair for all Floridians.”
Paid by Jay Fant, Republican, for Attorney General.