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Quote by Hillary Clinton

“We now have power under the Dodd-Frank legislation to break up banks. And I've said I will use that power if they pose a systemic risk.”

Quote by Hillary Clinton

Author

Hillary Clinton
Hillary Clinton

Former United States Secretary of State, politician, and lawyer. Born on October 26, 1947, Hillary Clinton served as the 67th United States Secretary of State. She held several significant positions in her political career, including serving as a U.S. Senator and First Lady. Clinton's tenure as Secretary of State was marked by her efforts to promote American leadership in global affairs, particularly in the areas of diplomacy and human rights. more

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“When you have three out of the four largest banks in America today, bigger than they were - significantly bigger than when we bailed them out because they were too big to fail, I think if Teddy Roosevelt were alive today, a good Republican by the way, what he would say is: Break them up; they are too powerful economically; they are too powerful politically.”

“We've got to be prepared to stop these guys if they ever try to use their economic power once again, to hurt the economy, and to hurt so many Americans. And my plan, Paul Krugman, Barney Frank, a lot of experts who understand what the new challenges might be, have said I am exactly on point, and the Wall Street guys actually know that.”

“We've had a number of economists supporting our legislation. And here's where we are. The American people can judge. Six largest financial institutions in America today have assets of roughly $10 trillion; equivalent to 58 percent of the GDP of the United States of America.”