farmers, a key demographic for trump in the 2020 election. he s called them patriots for making sacrifices while he negotiates with beijing. he s handed out $28 billion in taxpayer bailouts to those farmers. one of those farmers is taking on one of trump s biggest backers. christopher gibbs is weighing an independent run to unseat jim jordan. jim jordan has been attached to the house impeachment inquiry. he said his interest in running for office is more than trump s agricultural policies and defeating jordan. this is bigger than that. listen, populism has crept into both of the parties. gibbs voted for trump in 2016. but he became an outspoken critic of the trade policies and
the bill does and what this bill says, here it is, on the 10th anniversary of the biggest crash since the great depression, this senate is now advancing a bill that would celebrate that anniversary by saying that 25 of the 40 largest banks in america, these 25 banks together sucked down more than $50 billion in taxpayer bailouts. why? because the economy needed them to stay up and running. nobody went to jail. and this bill says, let s let those 25 banks be regulated just like they were tiny little community banks. i got to tell you, a quarter of a trillion dollars bank is not a community bank. so what s the consequence of doing that plus other changes that help the remaining banks? the answer is, it puts us at
polls? would they be responsible if another financial crisis were to occur? well, look, let s talk about what the bill does. and what this bill says, here it is. on the tenth anniversary of the biggest crash since the great depression, this senate is now advancing a bill that would celebrate that anniversary by saying that 25 of the 40 largest banks in america these 25 banks together sucked down more than $50 billion in taxpayer bailouts. why? because the economy needed them to stay up and running. nobody went to jail. and this bill says, let s let those 25 banks be regulated, just, you know, like they were tiny little community banks. i ve got to tell you, a quarter of a trillion dollar bank is not a community bank. so what s the consequence of doing that, plus other changes
it takes 25 of the largest 40 banks in america. those 25 got more than $50 billion in taxpayer bailouts. nobody went to jamie. it says let s regulate them as if there were tiny community banks that couldn t do damage to the economy. let s be clear. a quarter of a trillion dollar bank is not an unusual bang. it s not unusual to agree, some are taking issue with the tone, they were not happy when you sent a fundraising e-mail and in politico, anonymous attacks on you, i might grant you, here is one blind quote. so you want dems to win in all 50 states on the condition that they agree with the senior senator from massachusetts on everything all the time? this is the republican s dream, with i is to see democrats work across the aisle and elizabeth warren killed them for it. how do you respond? look, i don t understand how anybody in the united states
next revolution, drain the swamp special. another swamp watch investigation that got a huge response from you was when we talked white collar crime and why the rich never seem to go to jail. take a look. why do drug dealers go to prisin on while white collar criminals get off with a fine and a slap on the wrist? why wasn t a senior bank official prosecuted for role in the banking crash. because of a corrupt department of justice has effectively decriminalized white collar crime. it s the subject of tonight s swamp watch . the 2008 financial crash was the biggest economic disaster in u.s. history causing millions of pain for working americans not to mention billions of dollars in taxpayer bailouts for the big banks. despite that and with new wall street scandals exposed all the