Political Quotes

“I see that each of them have paid $27 billion in fines, but they are still in business. Do you know why? It is because they make so much money. This is just the cost of doing business. We break the law. They are going to fine us, but we can afford it. We will go on doing what we do. This is what happened with the big, big banks that you allow to merge without understanding what they are all about and what is their commitment to the consumers. As a matter of fact, they can afford to pay $57 billion in fines, money that they have collected from their customers. They only see this as the cost of doing business, and they keep on doing business, keep on getting fined. What are we talking about? Listen, I am not opposed to credible mergers. Democrats just want mergers that result in a bank that will follow the law and serve the community. We want to make sure that they have the systems in place and the management to follow the law. Why? Because the consumer is on the hook and the taxpayer is on the hook; that is why. Mr. Speaker, I want my colleagues to know that I have not talked to anybody recently who was happy with their bank.”