I am of the opinion, as are many of my colleagues on this side, that reinstating the Dodd-Frank regulatory requirements on mid-sized banks, that were rolled back in 2018 by Republicans, is really critical.
Ayanna Pressley
The Public Record
Ayanna Soyini Pressley is an American politician and member of the Democratic Party, serving as the U.S. Representative for Massachusetts's 7th congressional district since January 3, 2019. She made history as the first African American woman elected to the Boston City Council and the first African American woman elected to Congress from Massachusetts. Pressley is known for her progressive stances on issues such as criminal justice reform, healthcare, and immigration policy.
The American people deserve accountability. That includes clawing back bonuses, and investigating you for gross negligence, malpractice, and greed.
I am really okay with that. Personally, I am good with you being uncomfortable because my constituents in the Massachusetts 7th District were very uncomfortable when SVB collapsed.
The way it would work is simple. The Federal Government would receive a unique share in large banks that are considered systemically important.
The swift government intervention to insure all deposits and prevent a systemic crisis showed us once again that the profitable business of banking is deeply intertwined with public interest.
The golden share proposal would allow an appointee on the board of large banks to safeguard the public interest.
What is new, though, is the extent to which the Republican Party has enhanced and embraced and encouraged violence, especially under the extreme MAGA cult of Donald Trump.
If the American public is going to suffer the consequences of poor corporate governance, then maybe it is time for the American public to have a seat at the table.
You know, there needs to be unrest in the streets for as long as there's unrest in our lives.
For too long, banks have been content, really, to chase profits irresponsibly and then to turn to the government to bear the risk when they collapse.
Donald Trump encouraged violence against protesters at his rallies, saying protesters should be roughed up and that his supporters should, 'knock the hell out of them'.





