PolitiQuote

Discover video-sourced quotes by politicians

Eric Hovde: “We have about, oh, at that point, 18,000 banks, about 12,000…”

Featuring: Eric Hovde, Republican | Former Candidate, U.S. Senate Wisconsin

Watch on YouTube

BRINGING COMMON SENSE BACK INTO GOVERNMENT WITH ERIC HOVDE

Published | Video Starts at 02:35

… there, started working for an investment advisory company that was advising the banking industry and the savings banking industry. And I was young and aggressive enough that thought, you know, We have about, oh, at that point, 18,000 banks, about 12,000 savings and loans. interstate banking regs were falling. So back prior to that, a bank from Illinois couldn't come into Wisconsin, a bank from Wisconsin couldn't go into Illinois, and those state lines were starting to fall. (02:35–02:43)

CLAIM

Asserts that there were approximately 18,000 banks and 12,000 savings and loans at a certain point in time.

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.


Eric Hovde

Discover more from

Eric Hovde

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.