Political Quotes

Bobby Scott: “The banks would know that they have a potential liability more than they would ever be able to pay.”

On the recordMarch 19, 2024
The banks would know that they have a potential liability more than they would ever be able to pay.
Said by
Bobby Scott
Democratic · Virginia

Editor's note · Context

Scott highlights the financial implications for banks if pension plans fail.

Share

More from Bobby Scott

Sep 25, 2026

When they talk about returning it to the states and making America great again, they’re talking about returning to how it was before 1954.

abcnews.com
Jun 10, 2026

Codifying this new system without assessing its effectiveness just doesn’t make any sense.

ncnewsline.com
Jul 22, 2026

Student loan debt now exceeds $1.7 trillion. Borrowers need clear guidance and certainty.

iowacapitaldispatch.com
Sep 25, 2026

The repeal represents the federal government walking away from that responsibility, which jeopardizes the hard-fought progress we have made.

virginiamercury.com

Other voices in this conversation