Maxine Waters actually said...

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.

Context

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

11/15/2011

https://congress.gov...

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