Political Quotes

“Thank you, Mr. President. I have come to the floor of the Senate five times over the past week to talk about how the bank lobbyist act puts American families in danger of getting punched in the gut in another financial crisis. I have talked about how it rolls back consumer protections and how, if it passes, 25 of the 40 largest banks in this country--banks that sucked down, collectively, almost $50 billion in bailout money during the crisis, and nobody went to jail--can be regulated like tiny, little community banks. I talked about how the bill will roll back the rules on the very biggest banks in this country--JPMorgan Chase, Citigroup, and the rest of them--banks that broke our economy in 2008, banks where no one went to jail, banks where taxpayers coughed up $180 billion to bail them out. I talked about how Washington is poised to make the same mistake it has made many times before deregulating giant banks while the economy is cruising, only to set the stage for another financial crisis. Now, I am not the only one who has talked about problems with this bill. The Wall Street Journal, Bloomberg, the FDIC, the Congressional Budget Office, the NAACP, the Urban League have all talked about parts of this bill that cause problems and would cause problems in our economy.…”