Financial Regulation Scorecard True 0% 15 Checks Mostly True 0% 22 Checks Half True 0% 0 Checks Mostly False 0% 37 Checks False 0% 36 Checks Pants on Fire 0% 10 Checks For more details, see the Principles of PolitiFact All Fact-checks for Financial Regulation Donald Trump stated on January 11, 2026 in remarks to reporters: Credit card companies would be “in violation of the law” if they don’t cap interest rates at 10% by Jan. 20. January 12, 2026 Pete Buttigieg stated on February 18, 2025 in an X post: “I am not making this up: Republicans have introduced legislation … to increase your bank fees." By Caleb McCullough • February 26, 2025 Instagram posts stated on May 26, 2024 in Instagram post: Ronald Reagan’s Federal Communications Commission abolished the Fairness Doctrine and gave rise to Fox News. By Tatevik Lazaryan • June 18, 2024 Ron DeSantis stated on February 27, 2024 in an interview on CNBC: Citizens Property Insurance “is not solvent.” By Louis Jacobson, Samantha Putterman • March 14, 2024 Instagram posts stated on February 28, 2024 in an Instagram post: Video shows Kamala Harris saying Democrats would use taxpayer dollars to bribe voters. March 7, 2024 Facebook posts stated on September 13, 2023 in a Facebook video: Under Project Hamilton, “every dollar you hold in your bank account, your wallet and even your retirement” will be confiscated and “replaced with a dangerous new totally digital dollar.” By Sara Swann • September 26, 2023 Facebook posts stated on March 15, 2023 in a headline shared on Facebook: Silicon Valley Bank “donated $73M to 'BLM Movement'” March 22, 2023 Facebook posts stated on December 9, 2022 in a reel: The Federal Reserve “has suspended the availability of new currency.” By Gabrielle Settles • December 14, 2022 TikTok posts stated on August 29, 2022 in a video: Executive Order 14067 will allow the federal government to “turn on and turn off your money.” By Gabrielle Settles • September 8, 2022 Viral image stated on August 17, 2022 in a Facebook post: “Tulsi Gabbard Venmos Nancy Pelosi $600.01 forcing the IRS to audit Pelosi’s finances.” August 19, 2022 Load More Latest Articles Lisa Cook is fighting President Donald Trump’s plan to fire her. What comes next? • August 26, 2025 Critics accuse President Donald Trump of insider trading. Experts say that’s a stretch. By Louis Jacobson • April 10, 2025 What’s behind Republicans’ claim that Joe Biden received $40,000 of ‘laundered Chinese money’? • November 14, 2023 Why are banks like First Republic and Silicon Valley failing? And how unusual is this? By Louis Jacobson • May 3, 2023 Ron DeSantis’ baseless theory that the government wants to control people’s purchases By Louis Jacobson • April 12, 2023 Was Silicon Valley Bank demise caused by Trump easing regulation, ‘woke’ efforts, or something else? By Louis Jacobson, Matthew Crowley, Maria Ramirez Uribe, Yacob Reyes • March 13, 2023 Can student loan debt be canceled by a president’s executive order? By Cassidey Kavathas • June 14, 2021 Joe Biden’s promises on the economy: A closer look By Louis Jacobson • January 22, 2021 Kamala Harris Says She ‘Took On The Big Banks’ As California Atty. General. Did She Go Far Enough? By Chris Nichols • August 25, 2020 How the 2008 and 2020 recessions will be different, and why that matters By Louis Jacobson • March 20, 2020
