Political Quotes

Jon Ossoff: “The largest investment banks are very heavily subsidized, and many would argue these massive financial institutions are…”

On the recordMarch 1, 2021
The largest investment banks are very heavily subsidized, and many would argue these massive financial institutions are dominant not because they are efficient at capital allocation or risk management, or because they offer the best products to consumers, but instead because they receive trillions in government bailouts, low-interest loans, and quantitative easing.
Said by
Jon Ossoff
Democratic · Georgia

Editor's note · Context

Ossoff critiques the dominance of large banks due to government support.

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