Political Quotes

On the recordJuly 18, 2019
just another day on Wall Street and just another news story. The New York Times' headline today was ``Big Banks Are Earning Billions of Dollars. Trump's Tax Cuts Are A Big Reason.'' So Congress can continue to do tax cuts for Wall Street. Congress can continue to weaken rules on Wall Street. Congress has forgotten. They have this collective amnesia about what happened 10 years ago when this country's economy almost imploded because of Wall Street greed. So now Congress--because of the tax cut and because of continued relaxation of Wall Street financial stability safety rules, Wall Street is doing really well again. However, Congress can't pass an overtime bill--I mean, sorry. Congress can't pass a minimum wage bill. The last minimum wage increase in this Congress was signed by President Bush in 2007. President Obama never did it, and President Trump continues to oppose a minimum wage increase. President Trump has rolled back an overtime rule, which in the State of Indiana--the Presiding Officer's State--almost 100,000 workers were going to get a raise because of the overtime rule we passed a couple years ago. So people, if they work more than 40 hours, they ought to get paid for more than 40 hours--President Trump rolled that back--and 130,000 workers in my State alone would have gotten a big bump in their wages because they were working 45, 50, or 60 hours a week. This Congress will not pass an infrastructure bill.…
Said by
Sherrod Brown
Democratic · Ohio
Source
govinfo.gov
Jul 18, 2019

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