PolitiQuote

Discover video-sourced quotes by politicians

Dick Durbin: “The Trump administration has gutted the Consumer Financial…”

Featuring: Dick Durbin, Democratic | U.S. Senate Illinois

Watch on YouTube

Durbin Highlights His Amendments That Address Volatility And Corruption Of Cryptocurrency Industry

Published | Video Starts at 00:49

Excuse me. Dodd Frank placed guardrails on the financial sector to prevent such a crisis from happening again. Unfortunately, The Trump administration has gutted the Consumer Financial Protection Bureau while promoting one industry over that almost exclusively. Which industry is that? The cryptocurrency industry. This administration is playing with fire, dropping lawsuits, hollowing out enforcement, and curtailing investigations into bad actors while cozying up to the crypto donors. (00:49–01:02)

CLAIM

Asserts that the Trump administration has weakened the Consumer Financial Protection Bureau and favored the cryptocurrency industry.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


Dick Durbin

Discover more from

Dick Durbin

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.