On the recordDecember 2, 2015
I thank the Senator very much. Mr. President, as we have heard from this colloquy--and I appreciate that Bill Nelson was here earlier, the Senator from Florida, to discuss his insights on these dark-of-night policy riders designed to restore the Wall Street casino and cheat American families. I appreciate the comments he brought to this and that Jack Reed, the senior Senator from Rhode Island, has brought forward and Elizabeth Warren, the senior Senator from Massachusetts, each of whom made important points. So I will be brief because they have laid out most of the issues I will try to echo. The key point is the debate over changing the rules for these powerful financial institutions should be debated in the open, in front of the TV cameras, in front of the American people, not in secret negotiation rooms and not in the dark of night, which is happening at this very moment, because a lot is at stake. We found from before that when regulations were stripped away and the Wall Street casino went wild, we ended up with a crash that destroyed the finances of millions of families, many of whom will never recover. They lost their homes, their dreams of homeownership. That has been shattered, and they are not going to get it back. They lost their job and have been derailed and will never get back on track. They lost their retirement savings, and they will never be able to rebuild them.…
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