This bill would provide endless protection -- endless protection for the biggest banks on Wall Street. In other words, it gives the government a back-door mechanism for propping up failing or failed institutions.
Mitch McConnell: “This bill would provide endless protection -- endless protection for the biggest banks on Wall Street. In other words…”
On the recordApril 13, 2010
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transcripts.cnn.comEditor's note · Context
Mitch McConnell claims the financial reform bill offers undue protection to large banks, allowing government intervention to support failing institutions.
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