Statements about Financial Regulation
"One-third of all bank tellers (are) on public assistance."
Americans spend more than $160 billion and 6 billion hours per year complying with the tax code.
Says Mitch McConnell pushed "the Wall Street bailout through the U.S. Senate" and called it "the Senate at its finest."
"We need to pass a carbon tax to stop climate change. Break up the Wall Street banks. And stop the government spying on innocent Americans. Cory Booker doesn’t support any of these ideas."
Says the U.S. Postal Service has taken no taxpayer aid since 1971, funds operations entirely from the sale of stamps and related products and makes an "operational profit year after year."
A Republican housing finance reform bill "would eliminate a person’s ability to obtain 15- and 30-year mortgages."
The federal Consumer Financial Protection Bureau is "collecting financial information, monitoring financial information of millions of Americans" without their knowledge and "storing it for up to 10 years."
AIG has fully repaid the federal government "plus a profit of more than $22 billion."
Says Jim Renacci has "consistently voted" for loopholes that "encourage outsourcing of our jobs."
Says "Mitt Romney’s plan rolls back regulations" on banks.
U.S. Sen. Sheldon Whitehouse "rewarded Wall Street executives with millions in bonuses."
Says U.S. Senate opponent Eric Hovde "supported billions in stimulus for high-speed rail" and "billions more to bail out banks."
The Affordable Care Act "will likely go down as the biggest tax increase in history."
"Fireworks have never been safer, and their use continues to increase each year."
Lloyd Doggett "made millions off companies like Bank of America while they took taxpayer bailout money."
"Obama’s flush with cash, returning to Wall Street for even more money. … Wall Street sure supports President Obama."
On the Troubled Asset Relief Program (TARP)
"Bank of America could create 878,300 jobs with benefits if they spent their 2010 bonuses on job creation."
At the same time gas prices have increased, "the share of the oil market controlled by speculators has more than doubled over the past 10 years."
"In 2006, I went out and authored a letter with 24 other senators asking for major reform of Freddie and Fannie, warning of a meltdown and a bubble in the housing market."
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