Political Quotes

On the recordNovember 15, 2011
The practices of our community banks had little to do with causing our financial crisis. Therefore, while I believe that we should take a smart approach toward the regulation of small banks in order to spur economic activity and produce jobs, I believe the regulation is necessary to ensure that consumers and banks are protected from harmful practices.
Said by
Maxine Waters
Democratic · California

Editor's note · Context

Defends community banks and calls for balanced regulation to protect consumers.

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