Political Quotes

Jeff Fortenberry: “Reclaiming my time, Mr. Chairman, let me add as well it's a little difficult for me to sit here quietly and listen to…”

On the recordJune 14, 2011
Reclaiming my time, Mr. Chairman, let me add as well it's a little difficult for me to sit here quietly and listen to the pontificating about Wall Street bailouts. I didn't support the Wall Street bailout either. There are now five banks who control over 50 percent of the assets, deposited assets, in the country. Those banks that were deemed ``too big to fail'' in reality are too big to succeed. It's the Main Street bank that's under constant competitive pressure from these large institutions that have been empowered by further consolidations by the actions of this very body. So it's very difficult to sit here and take that. With that, I yield back the balance of my time.
Said by
Jeff Fortenberry
Republican · Nebraska
Source
govinfo.gov
Jun 14, 2011

Share

More from Jeff Fortenberry

May 11, 2021

I think it has been a very important discussion about a wide-ranging breadth of things.

congress.gov
Mar 24, 2021

I think it is a critical new architecture for, again, establishing trust and economic well-being with continuity, using the best of the private market system with a little bit of subsidy.

congress.gov
Mar 24, 2021

China's development strategy, frankly, is this: It is predatory lending, it is resource extraction, and it is payment to authoritarian regimes.

congress.gov

Other voices in this conversation