Carolyn Maloney actually said...
the Americans who suffered a $16 trillion loss in our economy, the loss of their homes, the loss of their jobs, and the loss of their savings are grateful that Congress acted in a way to try to prevent it in the future, and the Volcker Rule is an important part of the Dodd-Frank reform bill.
Context
Maloney defends the Volcker Rule as essential for preventing future economic crises.
02/04/2014