Political Quotes

“I rise today to speak in opposition to the confirmation of Jay Clayton as Chair of the U.S. Securities and Exchange Commission. Just 100 days into the Trump administration, the truth is becoming crystal clear to the American people: There is no ``America first'' policy, and there certainly is no ``middle class first'' policy. There is just one policy, and that is a ``Wall Street first'' policy. It is a policy designed to steer even more wealth and more power to those who are plenty wealthy and plenty powerful, a policy built on the misguided view that our economy does better when banks do as they please, when CEOs receive runaway pay, and when bigger profits never translate into bigger paychecks for workers. That is why we have seen no Executive orders designed to hold big banks accountable, no Executive orders designed to protect borrowers from abusive student loan companies, no Executive orders helping more workers save for retirement. Instead, we see the administration rolling back protections for consumers and students and seniors, actively exploring how to put taxpayers back on the hook for Wall Street's recklessness, and ordering oversight agencies to, quite simply, conduct less oversight. There is no greater example of the Trump administration's ``Wall Street first'' policy than its decision to nominate Jay Clayton as the Chair of the Securities and Exchange Commission. The SEC is our Federal Government's cop on the Wall Street beat.…”