All Quotes

Thank you very much. Vice Chair Barr, we know that this was basically the fault of the management, but what we want to know is, where did the Fed go wrong?

Let me be very, very clear: Silicon Valley Bank collapsed because of management failures and possible regulatory weaknesses, not because there was one Black man on the board.

Former and disgraced President Trump said he would do a, 'big number on Dodd-Frank,' and his appointed regulators did just that.

I think we need--there is more that we can do to reward work.

We have got to address that. It is so clear and such an abuse.

I would submit to you--and I mean this sincerely--I don't know that there has been another agency in the Federal Government that has failed the American people more than the FTC has in allowing this consolidation to take place.

I appreciate your recent announcement that there will be a formal review into whether the Fed failed.

I think that we would all agree that the general theme here today is that we are in dire straits.

We certainly do not want to incentivize this kind of behavior.

As the ship is sinking we do not want bankers to be able to move all of their products on the lifeboat.

Too many Americans live paycheck-to-paycheck.

Not one banker went to jail. They kept their multimillion-dollar salaries.

Both of these things are important.

The Dodd-Frank banking reform law included a compensation clawback provision for executives identified as excessive risk takers.

Ordinary folks who just showed up, put in their deposits, they should not have to bear the brunt and burden of these bad decisions made by bank executives.

It is appropriate, and I would say urgent.

They should be held accountable.

The wall does work. And I have explained that to so many people.