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Maria Cantwell: “Efforts were made to politically debank conservative…”

Featuring: Maria Cantwell, Democratic | U.S. Senate from Washington

Ted Cruz Leads Senate Commerce Committee In Executive Session To Consider Pending Business

Published October 21, 2025 | Video Starts at 29:53

So I URGE no vote. Mr. Chairman. Senator Lumbis, I, too, oppose this amendment. We determined that under the Biden administration on the Banking Committee, that Efforts were made to politically debank conservative organizations under the Biden administration. oil and. Gas business and other businesses that were. Unfavorable to the Biden administration. And in fact, some were debanked. We even determined that there was guidance. (29:53–30:04)

CLAIM

Asserts that the Biden administration attempted to politically debank conservative organizations.

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.

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Maria Cantwell

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“U.S. subsidiaries of foreign companies pay 25% higher wages and salaries.”
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“The bipartisan agreement fixes both problems. First, it closes the ADBS B out loophole immediately upon the enactment of this legislation.”
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“It requires aircraft operators to equip their fleet with AD in technology by 2031, the first ever mandate for this life saving technologies…”
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“The agreement also strengthens the FAA Department of Defense coordination, requires comprehensive safety review of all aircraft operations…”
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“Some [businesses] were debanked [under the Biden administration].”
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“The bill recognizes. I'm sorry reauthorizes the Pipeline safety program through September 2030.”
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“This bill includes important measures to ensure that safety of our energy infrastructure, including 46,000 miles of pipeline in my state…”
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“Critically, the bill directs TSA to make its cybersecurity requirements per permanent to prevent attacks like the 2021 Colonial Pipeline…”
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“It also requires operators to address aging plastic components known to fail, land movement caused by landslides and earthquakes, and closed…”
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“The Chairman mentioned the Integrated Ocean Observation System Reauthorization act by myself and Senator Wicker, Senator Sullivan, Blunt…”
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“The Global Investment in American Jobs act by Senator Xiang Peters requires the Department of Commerce and Government Accountability Office…”
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“There was guidance in the Federal Reserve to undertake those kinds of considerations [debanking businesses unfavorable to the Biden…”
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“A number of recent studies, including some by the Federal Reserve, show that investor confidence is closely tied to stable monetary policy.”
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“The newest of these studies appears to be almost 10 years old.”
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