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Detailed text transcripts for TV channel - MSNBC - 20100416:21:17:00

status quo in place? i don t believe a number of republicans want to be a part of that. what do you think of, you ve had a take, you don t have to take a nickel, but you ve taken a lot of money from wall street to keep in office, and i ve looked at your financial records, you re one of the leading recipients of money from wall street. you deal with these guys, you sit down with them. is there a fundamental problem of the banking committee, who s ever running it, whoever succeeds you there, will always be taking money from the industry you re trying to regulate. you re leaving office now. is that a fundamental problem of our political system. that s true of any committee. well banking especially. it s all that money, all that money protecting all that money. and giving it to you and other politicians. isn t that a fundamental problem? well, listen, i ve been an advocate of public financing of federal elections since i ve been in congress. believe me, would i like to change the sys

Detailed text transcripts for TV channel - MSNBC - 20100416:23:04:00

sit down with them. let s go to that. is there a fundamental problem of the banking committee, whoever s running it, whoever succeeds you there, will be taking money from the industry you re trying to regulate. is that is you re leaving office now. is that a fundamental problem of our political system? that s true of any committee the banking especially. all that money, all that money protecting all that money and giving it to you and other politicians. isn t that a fundamental problem? well, listen, i ve been an advocate of private federal elections since i ve been in congress. would i like to change the system, chris? absolutely. is it going to change between now and some near-term date? i doubt it. unless you have self-funders, people that write their own checks to run your campaigns, the question is, do you change your mind, accommodate the industry to receive contributions or not ? in my case i ve never accommodated the interest of the industry. i m interested in what

Detailed text transcripts for TV channel - MSNBC - 20100418:11:04:00

succeeds you there will always be taking monday from the industry you re trying to regulate. you re leaving office now. is that a fundamental problem of our political system? it s true of any committee. banking especially. all that money, all that money protecting all that money and giving it to you and other politicians. isn t that a fundamental problem? well, i ve been an advocate of public financing of federal elections every since i ve been in congress. believe me, would i like to change the system, chris? absolutely. is it going to change between now and a near-term date, i doubt it. until you have self-funders, people write checks to fund campaigns, the question is, do you change your mind, accommodate the industry? they receive contributions from them or not. frankly, as you well know in my case over the years, i ve never accommodated the interest of the industry. i m interested in what they have to say. there s very good people that work in the financial services sector.

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