Jul 13, 2009
The proposal here to put a floor rather than ceiling on the impact of Federal regulation, I think is a very important one.
Richard Blumenthal
The Public Record
Richard Blumenthal is an American lawyer and politician serving as the senior United States senator from Connecticut since 2011. A member of the Democratic Party, Blumenthal has focused on issues such as consumer protection, healthcare, and veterans' affairs during his tenure. He previously served as the Attorney General of Connecticut from 1991 to 2011, where he gained recognition for his advocacy on behalf of consumers and his efforts to hold corporations accountable. Blumenthal has been an active voice in the Senate, participating in various committees and addressing key national issues.
congress.gov
Jul 13, 2009
This proposal would create a new agency, a very strong financial products watchdog and guardian.
Jul 13, 2009
Unfortunately, some opponents of this agency have misrepresented its purpose. The Financial Consumer Protection Agency will not 'regulate credit.' It will not make choices for consumers or deny them access to products and services.
Jul 13, 2009
We can't have a functioning economy if Harry and Louise can't safely invest and borrow without fear of being cheated by greedy banks and Wall Street firms.
Jul 13, 2009
This financial State partnership was riven and destroyed by excessive resort to Federal preemption.
Jul 13, 2009
Creating a new agency to fight consumer cons and abuse in alliance with the States, the Federal Government can muster more potent and proactive policing and prosecution.
Jul 13, 2009
Since the very first hearings before this Committee on modernizing our financial regulatory structure, I have said that consumer protection should be a top priority in our deliberations.
Jul 13, 2009
These moments are the reason that I and many of my colleagues were enraged by the spectacular failure of consumer protection that destroyed economic security for so many of our American families.
Jul 13, 2009
We know now that for 14 years, despite a clear directive from the U.S. Congress, the Federal Reserve Board took no action to ban abusive home mortgages.
Apr 28, 2009
What changes is society, not the Constitution, and there are certainly, as we all know, problems that come up in our society that the Framers had no idea of.
Apr 15, 2009
I had a conversation with my Senate colleague from Texas, Kay Bailey Hutchinson, recently, and she was talking about this great interest she has in this, a light or high speed rail system between Houston, Dallas, and San Antonio with stops…
Apr 15, 2009
As Chairman of the Senate Banking Committee, which has jurisdiction over Federal transit and housing programs, I intend for the Committee to lead the discussion about how we can create a transportation system that doesn't add to our…
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