Political Quotes

On the recordJune 8, 2017
I am here to support the Financial CHOICE Act, and for good reasons. Under Dodd-Frank, North Carolina has lost 50 percent of our banks since 2010, while three community banks have consolidated just in the last month. Monthly banking fees have increased 111 percent. As well, Dodd-Frank created the Consumer Financial Protection Bureau, which even the liberal D.C. Court of Appeals calls unconstitutional and a threat to individual liberty. Dodd-Frank has made the Wall Street banks even bigger and more powerful; and Dodd-Frank has contributed to the slowest, weakest economic recovery in 70 years, impeding access to capital and credit in the market for small business. Maintaining the status quo is not acceptable. The Financial CHOICE Act will impose the toughest penalties in history for fraud on Wall Street. It will end taxpayer bailouts for Wall Street and allow your community banks and credit unions to focus on serving you and your local business, which will help create jobs and grow the economy. The Financial CHOICE Act means opportunity for all Americans and bailouts for none.
Said by
Robert Pittenger
North Carolina

Share

More from Robert Pittenger

Apr 24, 2018

I thank the gentleman for his leadership and for providing this opportunity tonight for us to highlight the significance and the importance of this tax bill for the American people. Mr. Speaker, when I lived in Washington, D.C., in 1980…

govinfo.gov
May 24, 2016

I thank the chairman for this very sensible legislation. I appreciate his efforts in leading a bipartisan effort to reform U.S. chemical safety law that is decades in the making. I particularly thank him for securing amendments to section…

govinfo.gov
May 3, 2017

I was unavoidably detained. Had I been present, I would have voted ``yea'' on rollcall No. 249. ____________________

govinfo.gov
Feb 14, 2018

I thank the chairman for his leadership, and I thank Congressman McHenry, also. Mr. Speaker, I rise today to just, regretfully, say that this ruling, Madden v. Midland, is just another layer of Big Brother, a misguided ruling by some…

govinfo.gov

Other voices in this conversation