Political Quotes

“I concur with the comments of my friend from Montana. I know what this President wants to potentially do to the Wright-Patterson Air Force Base and to the air bases in Springfield, in my hometown of Mansfield, in Youngstown, and in Toledo in my State and so much more. Last week, we got yet another clear illustration of whose side President Trump is on. All week, we got news of favor after favor from the Trump administration in what it is doing for Wall Street. The White House looks like a retreat for Wall Street executives except on the days it looks like a retreat for drug company executives. Wall Street banks have complained to the President about the Volcker rule. That is the rule that stops the big banks from taking big risks with American families' money. Wall Street didn't like it, but it had passed this Congress a decade ago. The rules were being written far too slowly because of Wall Street's influence even during the Obama years, but because Wall Street didn't like it, the Trump administration agreed to rewrite them. The Wall Street banks complained that even the rewrite was not weak enough, so the administration reportedly is going to water it down even further. Secretary Mnuchin, the Secretary of the Treasury--another Wall Street guy who was appointed by this President--announced he is going to go easier on shadow banks, and the Fed announced it would make it easier for big banks to pass the annual stress test.…”