Political Quotes

On the recordMay 15, 2019
In the last decade, Wells Fargo alone paid more than $11 billion in fines, but has raked in over $197 billion in profits.
Said by
Maxine Waters
Democratic · California

Editor's note · Context

Waters highlights Wells Fargo's significant profits despite fines.

Share

More from Maxine Waters

Dec 10, 2025

I encourage all Members to vote ``yes'' on Ms. Garcia's amendment to strengthen the Bank Secrecy Act and anti-money laundering requirements for foreign investment advisers. This reasonable and well-considered provision will ensure…

govinfo.gov
Jul 21, 2025

Mr. Speaker, I am proud to rise as a co-lead of the Equal Opportunity for All Investors Act with my Republican colleague Representative Flood from the great State of Nebraska. Our bill will unlock capital for entrepreneurs and small…

govinfo.gov
Jun 24, 2026

Our country must do better and today we will.

theguardian.com
Jul 21, 2025

Mr. Speaker, in both this Congress and last, I have been particularly outspoken about the risks of retail investors investing in private securities. Amongst other things, private securities lack sufficient transparency, have longer lock-up…

govinfo.gov

Other voices in this conversation