Political Quotes

Maxine Waters: “The practices of our community banks had little to do with causing our financial crisis. Therefore, while I believe that…”

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.

Share

More from Maxine Waters

Jun 24, 2026

Our country must do better and today we will.

theguardian.com
May 12, 2026

Mr. Speaker, there is a lot that Congress can do to help our community financial institutions. This includes taking up deposit insurance reform bills like the ones that I and my committee Republicans have put forward. Increasing deposit…

govinfo.gov
Jun 23, 2026

This is an important step forward, not the final destination. I look forward to continuing my work to lower housing costs, address homelessness, expand affordable housing, and ensure every family has access to a safe and stable place to…

cbsnews.com
Dec 1, 2025

Mr. Speaker, given the human rights violations committed by the Burmese leadership, we must ensure that no new funds are disbursed to the government. In line with longstanding U.S. policy, America should urge multilateral institutions like…

govinfo.gov

Other voices in this conversation