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Richard Blumenthal actually said...

Our maximum penalty is $35 million. We are looking for $300 million.

Context

Blumenthal discusses the need for increased penalties for non-compliance.

06/22/2015

https://www.congress.gov...

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I think a point of accountability somewhere that your constituents can call when they have a question or a problem... is tremendously import...
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The proposal here to put a floor rather than ceiling on the impact of Federal regulation, I think is a very important one.
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Unfortunately, some opponents of this agency have misrepresented its purpose. The Financial Consumer Protection Agency will not 'regulate cr...
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This proposal would create a new agency, a very strong financial products watchdog and guardian.
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View All Richard Blumenthal Quotes

Richard  Blumenthal
in office

usa, Connecticut

6,311 Quotes

Born2/13/1946 (age 79)

PartyDemocratic

  • United States Senator

    1/5/2011 - present
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