The legacy of Black codes and Jim Crow and redlining still holds back too many communities, and the OCC's rule did not serve CRA's core purpose, to ensure that banks are serving low-income communities and communities of color.

the data here show that regulators have no credibility on mergers, and sure, there are rules under which you review mergers, but in practice, for 15 years now, this has turned into a check-the-box exercise, where the outcome has been…

So money in these accounts are more like cash in your wallet than like money in a bank account.

This is a very important Subcommittee, and I am glad to be part of it under your leadership.

Not only does that leave consumers extremely vulnerable to scam artists and to fraudsters, it also leaves them vulnerable to being hounded by the apps themselves.

I can tell you the banks, especially small banks, really desperately want to comply.

I ask unanimous consent that the Senate proceed to legislative session for a period of morning business, and that upon the conclusion of my remarks, the Senate resume executive session, as under the previous order. The PRESIDING OFFICER…

almost exactly a year ago today, I stood here and called for Congress to take action to protect renters before the expiration of the eviction moratorium enacted during the early weeks of the pandemic. Today, like a year ago, we are only…

So this kind of debt relief would open the door for millions of Americans to have the freedom and the opportunity to build the lives that they want.

We need wholesale forgiveness, and we need it now. People have been cheated.

This student loan time bomb could drag down our entire economic recovery when it explodes.

Now the President should make these benefits permanent by using his authority to forgive $50,000 in student loan debt for all borrowers.

So the cryptocurrency boosters argue that crypto is the Yellow Brick Road to a faster, cheaper, and safer financial system that works for everyone, not just for the biggest banks.

But as the cryptocurrency market grows, it is also our responsibility to carefully examine these claims and promises about crypto's potential.

Regulators need to do their jobs and step in before it is too late.

There is no question that our financial system needs change--big, structural change--and we should be willing to consider how these new technologies can help consumers and our economy.

We need more community banks that are actually in people's neighborhoods and that understand their lives.

Anyone who hears that story says, why would I become a teacher?

I am fighting to cancel $50,000 of student loan debt so that borrowers who are struggling can get permanent relief.

The biggest banks have too much power, present too many risks to financial stability, and have failed to serve Americans' needs.

It is a pretty simple promise that for 10 years, in exchange for you paying your debt each month for 10 years, you would get the rest of it forgiven.

Instead of leaving our financial system at the whims of giant banks, crypto puts the system at the whims of some shadowy, faceless group of super-coders and miners, which does not sound better to me.

I am not convinced that crypto is the solution. In fact, crypto could be even more dangerous for consumers.

The best thing we can do to protect Americans' money is to adopt smart regulations that protect investors and consumers.

There needs to be real penalties for poor performance and abuse practices, and the Department needs to proactively look for those and do screenings.