"This is not for any one ethnic group. This is for everybody. Because we have a crisis in this country."
"I have long raised concerns about Big Tech's expansion into financial services."
"Big Tech already dominates markets, and possesses massive amounts of consumer data."
"I am pleased that the CFPB is finally taking action to oversee these companies."
"I am pleased they are using these tools as intended."
"But, if anything, this rule should increase competition by ensuring that the largest companies are not able to leverage their size and data to unfairly crowd out smaller companies."
"Can you also speak to the broader concerns about the potential for monopolistic use of data and misuse of market power by Big Tech companies?"
"It is really critically important to the safety and stability of our entire financial system for there to be strong standards of capital, liquidity, and risk management for banks, especially for the l..."
"Unfortunately, I want you to know that the megabanks are working overtime to try and kill the bank capital proposal."
"Capital is not something that is locked away, but, rather, it is a source of funds that banks can redeploy."
"if there had been adequate capital at Silicon Valley Bank, we could have aborted what took place in the way that it did."
"I just wanted to raise the question of safety because I don't think we can take the development of nuclear plants lightly."