Political Quotes

“Mr. President, I have high regard for the Senator from Montana. He is my friend, and he will be my friend whatever the outcome of the vote happens to be, which will happen in about 40 minutes. But I do disagree with him on this issue. I would like to make it clear from the start that the law on the books today specifically exempts community banks and credit unions-- specifically those valued at $10 billion or less. That means 100 banks out of 7,000 in America are affected by this new law and 3 credit unions in all of America. Now, the banks and credit unions have come here and said: Not enough protection because we can't be sure you will protect us from the credit card companies coming back on us and hurting us. OK, we can write in more protection, if necessary. But to argue that we are trying to save mom-and-pop banks here--from whom? We are trying to save them from the credit card giants that have created this price-fixing mess. If you are an autograph seeker and you happen to want to meet CEOs of major corporations, you hit it rich today. Get over here and walk the halls of the Senate office buildings, and you will meet the CEOs of the biggest companies and banks in America. Why are they here today? Because of this 2 p.m. vote. Why is this 2 p.m. vote important to the three biggest banks in America--Chase, Bank of America, and Wells Fargo?…”