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The details of what the Fed did were kept secret until a provision in the Dodd-Frank Act that I sponsored required the Government Accountability Office to audit the Fed's lending programs during the financial crisis. ”
We should make a major financial commitment to improving our roads and bridges. ”
I thought the Bush economic policy was a disaster. We lost 500,000 private sector jobs during his tenure. ”
After all, Wall Street is clearly the most powerful lobbying force on Capitol Hill. From 1998 through 2008, the financial sector spent over $5 billion in lobbying and campaign contributions to deregulate Wall Street. ”
If a financial institution is too big to fail, it is too big to exist. ”
Hillary Clinton understands that if someone in America this country works 40 hours a week, that person should not be living in poverty. She understands that we must raise the minimum wage to a living wage. ”
Whether you are a low-income elderly woman living at the end of a dirt road in Vermont or a wealthy CEO living on Park Avenue, you get your mail six days a week. And you pay for this service at a cost far less than anywhere else in the industrialized world. ”
You go to Scandinavia, and you will find that people have a much higher standard of living, in terms of education, health care and decent paying jobs. ”
It makes a lot more sense for us to be investing in jobs and education rather than jails and incarceration. ”
Establishing a 0.03 percent Wall Street speculation fee, similar to what we had from 1914-1966, would dampen the dangerous level of speculation and gambling on Wall Street, encourage the financial sector to invest in the productive economy and reduce the deficit by more than $350 billion over 10 years. ”