For some time, I have voiced concerns that the fines levied by our regulators against megabanks that break the law ultimately just amount to the cost of doing business for these institutions and do not effectively lead them to change their behavior.
Waters expresses concerns about ineffective fines on megabanks.
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If mergers like these continue, we will be left with only a handful of megabanks that will be empowered to fleece everyone.
As bank mergers continue to be rubber stamped by regulators, people across America pay the price through higher junk fees and predatory actions.
Unfortunately, I want you to know that the megabanks are working overtime to try and kill the bank capital proposal.
I just wanted to raise the question of safety because I don't think we can take the development of nuclear plants lightly.
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