On the recordMay 22, 2018
Mr. Speaker, I thank the gentlewoman for yielding. Mr. Speaker, I rise in strong opposition to the bank lobbyist act, which reverses the progress we have made since Wall Street brought our economy to the brink of collapse in 2008. This is yet another giveaway from our friends on the other side of the aisle to the wealthy donors who bankroll their campaigns, and, once again, working people will get screwed. Congress established the Consumer Financial Protection Bureau to protect the middle class from the big banks and corporate special interests. Since 2010, the CFPB has returned nearly $12 billion to consumers in all 50 States. {time} 1500 It has been a big step forward for working people, but this bill turns the clock back. Republicans are going to let the banks write the same risky loans that got us into the Great Recession in the first place. This is a bad deal for the American people. They deserve better. Let's defeat this bill and put working families first.
