Political Quotes

On the recordMay 19, 2014
They don't buy insurance to increase risk, and if you start stealing from Peter to pay Paul, what you may have is instead of one guy going out of business, you get two, and I don't know how that is better for anybody.
Said by
Bill Posey
Republican · Florida

Editor's note · Context

Posey argues against using insurance assets to support failing banks, emphasizing consumer protection.

Share & report

More from Bill Posey

Jun 5, 2023

And, unfortunately, I'm kind of sad to hear it's more like Congress, you know?

congress.gov
Sep 26, 2023

Do you think it might be possible to expand the exemption to first responders like fire, emergency medical services, law enforcement, and et cetera?

congress.gov
Apr 25, 2023

OK. Thank you, Mr. Chairman. I yield back.

congress.gov
May 16, 2023

When I first read the proposal that we are going to charge people with good credit more, and we are going to charge people with poor credit less, I thought it was a bad joke.

congress.gov

Other voices in this conversation