Political Quotes

On the recordMay 22, 2019
I thank the chairwoman for her leadership because today's bill is about restoring effective law enforcement for consumers and protecting them from predatory Wall Street practices. Republicans want to shield Wall Street, granting it free rein to plunder. Instead of draining the swamp, this lawless President has drained the Consumer Financial Protection Bureau of its strength. Public enforcement actions are down 75 percent. That is how they feel about law enforcement. The President is refusing to protect our active-duty military from predatory lending; halting payments to consumers who have been wronged; eliminating the office that is designed to prevent discrimination in credit against Latinos, African Americans, and Asian Americans; and eliminating the office dedicated to addressing student loan abuses. Enough is enough. Instead of handcuffing those who do wrong, this administration is handcuffing the agency designed to ensure law enforcement. And while this President profited himself from scams like Trump University, it is time to restore important consumer protections: law enforcement to protect students, active military, and the retirement savings of our seniors. In just five years, $12 billion was returned to over 30 million American citizens. Wells Fargo would never have been penalized a penny for its multimillion-dollar fraud without a cop on the beat. Mr. Trump and Mr.…
Said by
Lloyd Doggett
Democratic · Texas
Source
govinfo.gov
May 22, 2019

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