Political Quotes

On the recordMay 15, 2019
In the last 10 years, the U.S. Global Systemically Important Banks, that is the G-SIBs, have collectively paid at least $163.7 billion in fines for consumer abuses and other violations of the law.
Said by
Russell Waters
Democratic · California

Editor's note · Context

Waters highlights the significant fines paid by major banks for legal violations.

Share & report

More from Russell Waters

Dec 5, 2023

From urban to rural America, there simply aren't enough affordable homes.

congress.gov
Dec 12, 2023

The United States had a long-standing bipartisan policy to explicitly exclude certain humanitarian activities from sanctions restrictions.

congress.gov
Mar 19, 2024

This is not for any one ethnic group. This is for everybody. Because we have a crisis in this country.

congress.gov
Feb 5, 2024

Capital is not something that is locked away, but, rather, it is a source of funds that banks can redeploy.

congress.gov

Other voices in this conversation