OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Insular Areas and Freely Associated States Energy Development

Floor Speech

Date: Dec. 11, 2014
Location: Washington, DC
Issues: Finance and Banking Energy

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Mr. DOGGETT. Mr. Speaker, this bill puts a big bow on a holiday gift
for the Wall Street contributors who get special treatment in the
provisions of this bill. Once again, here in the holiday season, it is all about stuffing the silk stockings.

These people want to gamble with our money. When these big banks win,
they get to keep all the money; but when they lose, they look to the
taxpayer to bail them out. It was wrong to do so before, and this bill
removes key reforms that are vital to preserving our financial system
and our economic security.

We ought not yield to the big bank contributors who, at the same
time, this same bill frees up additional money for individuals to pour
into campaigns and pollute our democracy.

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