The Volcker Rule will make it illegal for firms to use government-insured money to make speculative bets that threaten the entire financial system and demand a new era of accountability from CEOs who must sign off on their firm's practices. Our financial system will be safer, and the American people are more secure because we fought to include this protection in the law.
Obama emphasizes the protective measures of the Volcker Rule for the financial system.
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We’ve now fought a war, spent billions and billions of dollars, you know, put enormous strain on our military. A lot of people have died. And it feels like we’re back where we were before we started the war, except maybe a little bit worse…
For almost four decades, Nancy Pelosi served the American people and worked to make our country better.
The essence of Prop. 50 is to say that if you are going to play that game, then we are going to try to counteract that abuse of the system.
No one was more skilled at bringing people together and getting legislation passed.
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