Political Quotes

On the recordJuly 11, 2013
I rise in support of the senior Senator from Arizona and to support the 21st Century Glass-Steagall Act. I am honored to join Senators McCain, Cantwell, and King in introducing this bill. I particularly commend Senator McCain for his hard work and his long-time dedication on this issue. Senator McCain is a real leader in the Senate. While we do not agree on every issue, he is a fighter who stands for what he believes. Senator McCain has worked hard to shed light on the too-big-to-fail problem. He has been thinking about how to bring back elements of Glass-Steagall for years. I am proud to join with him to speak about the 21st Century Glass-Steagall Act. I am glad to be his partner in this endeavor. Washington is a partisan place. This Congress has its share of partisan bills. But we have all joined together today because we want a safe future for our kids and for our grandkids. We know that 5 years ago Wall Streets's high-risk bets nearly brought our economy to its knees, disrupting the lives and livelihoods of hard-working Americans. We know the economic downturn did not affect just Democrats or just Republicans or just Independents, it affected everyone. Over the past 5 years we have made some real progress in dialing back the risk of future crises. But despite the progress that has been made, the biggest banks continue to threaten the economy. The four biggest banks are now 30 percent larger than they were just 5 years ago.…
Said by
Elizabeth Warren
Democratic · Massachusetts

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