On the recordSeptember 7, 2016
Mr. Chairman, the last speaker spoke about how the banks, Wall Street banks, are able to get a break from the executive branch when they pay out these settlements, but those are matters of legislative action that has been passed by this Congress which coddles the banks and puts them in a position where they just simply can't lose. When it comes to these fines, as they call it, these are not fines. These are settlement amounts that are going to help the victims. They are not going to play politics anywhere. These are funds that are directed to entities which help the victims of the Wall Street excesses. So I want to make that clear. Mr. Chairman, I yield 3 minutes to the gentleman from New York (Mr. Nadler).
