January 16, 2012 9:31 pm ET filed under Video
Gov. Perry: "I Would Get Rid Of A Substantial Amount Of Those Financial Regulators"
From the January 16, 2012, Fox News/Wall Street Journal GOP primary debate in Myrtle Beach:
January 05, 2012 4:00 pm ET filed under Blog
The Weakest Argument Against Cordray's Appointment
January 05, 2012 10:30 am ET filed under Blog
Rep. McHenry Goes To Bat For The Bank Industry Again, Takes A Swing At Cordray
January 04, 2012 2:15 pm ET filed under Blog
Speaker Boehner Admits Real Reason GOP Blocked Consumer Protection Nominee
December 15, 2011 12:30 pm ET filed under Blog
Sen. Olympia Snowe's Conflict of Interest Cover-Up
November 09, 2011 9:09 pm ET filed under Video
Romney Blames Fannie And Freddie For Housing Crisis
From a statement by Mitt Romney during the November 9, 2011, "Your Money, Your Vote" Republican presidential debate:
November 09, 2011 11:24 am ET filed under Blog
Rep. Joe Walsh Answers Constituent's Calm Criticism Of Banks With Screaming, Finger-Pointing Fury
October 27, 2011 3:14 pm ET filed under Blog
The Real Simple Truth About Washington Regulations And Jobs
October 14, 2011 10:21 am ET filed under Blog
Why Republicans Are Wrong About Wall Street And The Financial Crisis
October 14, 2011 7:28 am ET filed under Fact Check
Private Wall Street Companies Caused The Financial Crisis — Not Fannie Mae, Freddie Mac Or The Community Reinvestment Act
In the four years since the housing bubble burst, triggering a collapse in global financial markets whose value had been propped up through the repackaging and trading of home loans via complex financial instruments, there's been plenty of blame to go around. The Occupy Wall Street protests have called new attention to the root causes of the crisis, and led Republicans to reiterate their claim that government-backed lenders Fannie Mae and Freddie Mac were the primary villains. The facts about the subprime mortgage market prove that claim false: Private firms dominated the subprime market boom of 2004-06, and were not even subject to the 1977 Community Reinvestment Act some Republicans vilify. Thanks to decades of financial deregulation, capped by President Bush's decision to appoint Wall Street regulators who believed their job was to help banks rather than curb banking abuses, financial giants were able to turn the mortgage market into a high-stakes casino. As investigative reporters and Congress' Financial Crisis Inquiry Commission have all shown, it was deregulation mixed with irresponsible and potentially illegal practices by private firms on Wall Street that caused both the bubble and the collapse.
Republicans Blame The Financial Crisis On Fannie Mae, Freddie Mac, And Government Policy
"Financial Crisis Inquiry Commission" Expert Panel Found Wall Street Recklessness Caused The Crisis
October 11, 2011 9:02 pm ET filed under Video
Mitt Romney Simultaneously Decries "Bailouts Of Individual Institutions" And Makes The Case For Bailouts
From the October 11, 2011, Bloomberg/Washington Post GOP primary debate:
October 06, 2011 3:42 pm ET filed under Blog
Rep. Broun Calls Spreading Wall Street Protests An "Attack Upon Freedom"
October 06, 2011 11:47 am ET filed under Blog
Gov. Walker: Wall Street Greed Has Nothing To Do With "Real Issues"
October 05, 2011 6:34 pm ET filed under Blog
Gingrich Uses Wall Street Protests To Urge Repeal Of Wall Street Reform
October 05, 2011 11:50 am ET filed under Blog
Rep. Steve King Dismisses Protests: Wall Street Not "The Scene Of The Crime"
May 10, 2011 2:39 pm ET filed under Fact Check
The Many Errors Of Fact In Speaker Boehner's Wall Street Speech
In what was billed as a major speech to reassure Wall Street about the ongoing political battle over the debt limit and the proper approach to debt reduction, Speaker John Boehner (R-OH) threw out so many naked falsehoods that it is difficult to enumerate them concisely. Here is a table of contents to help you navigate our comprehensive fact check of the Republican leader's lies.
"Government Mortgage Companies...Triggered The Whole Meltdown"
The Recovery Act "Hurt Our Economy And Hampered Private Sector Job Creation"
"Job Creators Were Looking For Certainty," Not More Consumer Demand
"We've Also Seen The Arrogance Of Government Recently In...Skyrocketing Gas Prices"
"Energy Resources Under Lock And Key"
"My Colleagues And I Are Not Calling For Tax Cuts In Our Budget"
GOP Medicare Plan Gives Seniors "The Same Kind Of Options As Members Of Congress"
April 19, 2011 2:55 pm ET filed under Blog
Vulnerable GOP Frosh Cashing In On Party's Attempt To Roll Back Wall Street Reforms
April 05, 2011 5:27 pm ET filed under Blog
Senators Fighting Financial Regulation Are Bankrolled By Wall Street
January 12, 2011 2:57 pm ET filed under Fact Check
A Year Later, Rep. Pence Still Lying About Imaginary "Permanent Bailout Authority" In Wall Street Reform Bill
Last January, Republican message maven Frank Luntz released a memo advising the GOP that "the single best way to kill any legislation is to link it to the Big Bank Bailout." With Democrats pushing to reform the casino-style practices on Wall Street that led to the recession, Republicans dug in and attacked the effort as a "permanent bailout" at every opportunity, but the bill became law last July. Now Republicans are talking about repealing the bill, and recycling the "permanent bailout" lie in the process. Today on C-SPAN, Rep. Mike Pence (R-IN) used Luntz's language to call for repeal, but the fact remains that the law actually ends the bailout culture — which is why Wall Street started giving money hand-over-fist to Republicans like Pence in the last election cycle.
January 05, 2011 1:20 pm ET filed under Blog
Rep. Bachmann: Repeal "Job Killer" Wall Street Reform
October 28, 2010 6:30 pm ET filed under Blog
Rep. Bachmann's Logic Proves Republicans Are The Party Of Wall Street
July 07, 2010 11:01 am ET filed under Blog
RNC Goes Off-Message On Wall Street Reform
June 29, 2010 10:07 am ET filed under Blog
On Wall Street Reform, Sen. Scott Brown Is Dancin' With The One That Brung Him
May 05, 2010 2:21 pm ET filed under Fact Check
BP And Goldman Sachs: Gambling With Your Money
Just like Goldman Sachs, BP acted irresponsibly by recklessly pursuing profits at the expense of the American people. Both companies gambled, both companies lost, and both companies expect the taxpayer to clean up their mess. It's time both companies are held accountable.
May 04, 2010 6:08 pm ET filed under Blog
Banking Industry Lobbyists Fear Wall Street Reform
April 28, 2010 11:45 am ET filed under Fact Check
Rep. Boehner Lies About Wall Street Reform In Ohio Op-Ed
In an April 28, 2010 op-ed in Hillsboro, Ohio's Times Gazette, House Minority Leader John Boehner repeated the Frank Luntz-inspired lie that Wall Street reform would create a permanent bailout fund. In reality, the bill does NOT reward or bail out firms, but safely dismantles "any failed financial company" that threatens the stability of the entire economy. The costs of dissolving these companies are paid NOT by taxpayers, but by fees levied on financial companies.
April 27, 2010 6:12 pm ET filed under Video
Once Again, Rep. Boehner Lies About Wall Street Reform
April 27, 2010 5:59 pm ET filed under Video
Rep. Boehner Repeats Permanent Bailout Lie
April 27, 2010 5:39 pm ET filed under Fact Check
Once Again, Rep. Boehner Lies About Wall Street Reform
During an April 27, 2010 appearance on Fox News, House Minority Leader John Boehner repeated the Frank Luntz-inspired lie that Wall Street reform would create a permanent bailout fund. In reality, the bill does NOT reward or bail out firms, but safely dismantles "any failed financial company" that threatens the stability of the entire economy. The costs of dissolving these companies are paid NOT by taxpayers, but by fees levied on financial companies.
April 27, 2010 5:36 pm ET filed under Video
Sen. Gregg Applauds Provision In Wall Street Bill, Professes It Does End Too Big To Fail
