Political Quotes

“today on the other side of this building, the CEOs of the biggest Wall Street banks face tough questions about the way their banks have scammed and broken laws and gotten away with it, as every American knows. Our Banking Committee staff analyzed the data, and it is pretty clear that these banks are breaking the laws over and over and over. Watchdogs will take enforcement actions against a bank only to find out the same bank is breaking the rules in an entirely different way in a different part of the bank at the same time. We need to hold these banks and the corporate executives who run them accountable for their actions, which we have simply not done. Trump regulators haven't done it, and the Senate majority hasn't done it. We simply haven't done it. Hard-working Americans face real consequences when they break the law, and so should Wall Street banks. The chair of the House Financial Services Committee, Maxine Waters, is doing the right thing in the House calling in these CEOs. We need to be doing the same thing in the Senate. I have called on my counterpart on the Banking Committee, Chairman Crapo, to hold a hearing so we can question big bank executives about their law-breaking. There are plenty of actions the President and his administration could take on their own to punish these banks when they break the rules, but instead this administration and this majority leader do exactly the opposite.…”