Latest Fact-checks in Financial Regulation Bob Corker stated on April 25, 2010 in an interview on ABC's This Week: 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." Harry Reid stated on April 19, 2010 in a Senate floor speech: The financial services regulatory bill "will end taxpayer bailouts." Mitch McConnell stated on April 14, 2010 in a press conference: New financial regulation "actually guarantees future bailouts of Wall Street banks." Richard Shelby stated on March 25, 2010 in a letter to Treasury Secretary Timothy Geithner: "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."
Bob Corker stated on April 25, 2010 in an interview on ABC's This Week: 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." Harry Reid stated on April 19, 2010 in a Senate floor speech: The financial services regulatory bill "will end taxpayer bailouts." Mitch McConnell stated on April 14, 2010 in a press conference: New financial regulation "actually guarantees future bailouts of Wall Street banks." Richard Shelby stated on March 25, 2010 in a letter to Treasury Secretary Timothy Geithner: "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."
Bob Corker stated on April 25, 2010 in an interview on ABC's This Week: 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."
Harry Reid stated on April 19, 2010 in a Senate floor speech: The financial services regulatory bill "will end taxpayer bailouts."
Mitch McConnell stated on April 14, 2010 in a press conference: New financial regulation "actually guarantees future bailouts of Wall Street banks."
Richard Shelby stated on March 25, 2010 in a letter to Treasury Secretary Timothy Geithner: "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."