Statements about Financial Regulation
The financial services bill will end "too-big-to-fail."
The Banking Committee voted a 1,336-page bill "out of committee in 21 minutes with no amendments, with the understanding that before the bill came to the floor, we would reach this bipartisan agreement."
The financial services regulatory bill "will end taxpayer bailouts."
New financial regulation "actually guarantees future bailouts of Wall Street banks."
"The bill reported out of committee sets up a $50 billion slush fund that, while intended for resolving failing firms, is available for virtually any purpose that the treasury secretary sees fit."
previous
Page 4 of 4
Advertisement
How to contact us:
We want to hear your suggestions and comments. For tips or comments on our campaign promise database, please e-mail the Obameter. If you are commenting on a specific promise, please include the promise number. For comments about our Truth-O-Meter or Flip-O-Meter items, please e-mail the Truth-O-Meter. We’re especially interested in seeing any chain e-mails you receive that you would like us to check out. If you send us a comment, we'll assume you don't mind us publishing it unless you tell us otherwise.
Browse the The Truth-O-MeterTM:
Browse The Obameter:
Subscribe:
Keep up to date with Politifact National:
- Sign up for our e-mail (about once a week)
- Put a free PolitiFact widget on your blog or Web page
- Subscribe to our RSS feeds
- Follow us on Twitter
- Fan us on Facebook
