Political Quotes

Barack Obama: “We have to enact commonsense reforms that will protect American taxpayers and the American economy from future crises as…”

On the recordJanuary 20, 2010
We have to enact commonsense reforms that will protect American taxpayers and the American economy from future crises as well, for, while the financial system is far stronger today than it was one year ago, it's still operating under the same rules that led to its near-collapse. Never again will the American taxpayer be held hostage by a bank that is too big to fail.
Said by
Barack Obama
Democratic · Illinois

Editor's note · Context

President Obama emphasizes the need for reforms to protect taxpayers and prevent future financial crises.

Share

More from Barack Obama

Oct 9, 2026

I'm going to go to Michigan to campaign for Abdul El-Sayed.

cbsnews.com
Oct 9, 2026

Use that hope to make a difference. Get involved.

cbsnews.com
Oct 15, 2026

I’m going to insist that we can do better than we’re doing right now.

thenational.scot
Oct 15, 2026

I think when we act on that basis, it doesn't always work out, but over time things do get better.

bbc.co.uk

Other voices in this conversation