Political Quotes

“Mr. Speaker, less than 10 years ago in 2008, bad actors on Wall Street brought the economy of our country to the brink of collapse. Because of their greed, recklessness, and deceit, millions of Americans lost their jobs, families were thrown out of their homes, and seniors saw their life savings evaporate before their very eyes. Washington bailed out the big banks and they said they were too big to fail, but the American people never got a bailout. The American people were told: You are on your own. And in seven States, including my home State of Rhode Island, we are still working to recover jobs that were lost in this Great Recession. That is why it was so important 2 years later when Congress passed and President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. This law was a landmark victory for the American people, especially the American consumer. That is why it is so disturbing that Republicans now want to take us back to the days of too big to fail, a time when powerful Wall Street special interests exploited consumers and small investors, and our entire economy was put at risk. The bill before us today, which I call the ``Wrong'' CHOICE Act, will turn Wall Street into the Wild West again and it will empower the big banks to do what they want at the expense of honest, hardworking families.…”