Political Quotes

Peter Welch: “So here is my question: Is this really a bailout for the financiers on Wall Street who bought this debt at 20 cents on…”

On the recordOctober 21, 2025
So here is my question: Is this really a bailout for the financiers on Wall Street who bought this debt at 20 cents on the dollar but may get paid $1 on the dollar or is this just flat-out enrichment? They didn't lose. They are winning as other people suffer. So is this really a bailout or just a flat-out ``Hey, fellas. Here is $40 billion. I love you, Donald Trump''?
Said by
Peter Welch
Democratic · Vermont

Editor's note · Context

Questioning the nature of a financial bailout during a debate.

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