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Latest Fact-Checks In Financial Regulation

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Raphael Warnock
Raphael Warnock
stated on October 28, 2020 in an interview:
When Sen. Kelly Loeffler heard about the COVID-19 risk, she “focused on her own portfolio” and "profited from the pandemic."
Half-True
By Tom Kertscher • October 31, 2020
Justice Democrats
Justice Democrats
stated on April 25, 2019 in a tweet:
Says Joe Biden "voted for the Iraq War, for mass incarceration, and for the Bankruptcy Reform Act while voting against gay marriage, reproductive rights, and school desegregation."  
Half-True
By Jon Greenberg • April 26, 2019
Ro Khanna
Ro Khanna
stated on September 12, 2018 in a Facebook post:
"Most Americans don’t own stocks."
Half-True
By Louis Jacobson • September 18, 2018
Heidi Heitkamp
Heidi Heitkamp
stated on March 14, 2018 in an interview:
"There are no provisions in here that substantially affect or advantage the big Wall Street bankers."
Half-True
By Manuela Tobias • March 20, 2018
Mike Pence
Mike Pence
stated on July 18, 2017 in a speech:
Says President Donald Trump "has signed more laws cutting through federal red tape than any president in American history and has already saved businesses and families up to $18 billion in red tape costs every year."
Half-True
By Manuela Tobias • July 21, 2017
Tim Canova
Tim Canova
stated on June 1, 2016 in a post on Medium:
Says he "helped to draft parts of the Dodd-Frank Wall Street reform bill."  
Half-True
By Amy Sherman • June 9, 2016
Bernie Sanders
Bernie Sanders
stated on May 16, 2016 in a town hall in San Juan:
"Puerto Rico’s $70 billion debt is unsustainable and it is unpayable. And the reason why it is unsustainable has everything to do with the greed of Wall Street vulture funds."
Half-True
By Linda Qiu • May 19, 2016
Gwen Moore
Gwen Moore
stated on April 27, 2016 in a congressional hearing:
Water rates in Manila, Philippines, "were raised up to 845 percent" when a subsidiary of the World Bank became a partial owner.  
Half-True
By Jon Greenberg • May 12, 2016
Center for Individual Freedom
Center for Individual Freedom
stated on April 13, 2016 in a TV ad:
Says Paul Ryan backs a proposal that would be a "bailout" of Puerto Rico.  
Half-True
By Tom Kertscher • May 6, 2016
Future45
Future45
stated on March 8, 2016 in a television ad:
Banks paid Hillary Clinton "over $1 million and are contributing millions more to elect her."  
Half-True
By Lauren Carroll • March 10, 2016
Hillary Clinton
Hillary Clinton
stated on March 6, 2016 in the Democratic debate in Flint:
Says Bernie Sanders "was against the auto bailout" and "voted against the money that ended up saving the auto industry."
Half-True
By Lauren Carroll • March 7, 2016
Bernie Sanders
Bernie Sanders
stated on February 2, 2016 in a campaign event in Keene, N.H.:
Says Goldman Sachs CEO said Congress would "have to cut Social Security, Medicare and Medicaid and give huge tax breaks to the wealthy and the large corporations."
Half-True
By Clay Wirestone • February 5, 2016
Carly Fiorina
Carly Fiorina
stated on November 10, 2015 in a Republican presidential debate in Milwaukee:
The Consumer Financial Protection Bureau has "no congressional oversight."
Half-True
By Louis Jacobson • November 15, 2015
Tammy Baldwin
Tammy Baldwin
stated on September 23, 2015 in an interview:
"The pope and Donald Trump and Tammy Baldwin all agree" on eliminating the "carried-interest" tax break.  
Half-True
By Tom Kertscher • September 24, 2015
Elizabeth Warren
Elizabeth Warren
stated on May 5, 2015 in remarks at the Institute for New Economic Thinking:
Proposed fast-track legislation allows presidents to "easily use a future trade deal to override our domestic financial rules."
Half-True
By Lauren Carroll • May 14, 2015
Mark Pocan
Mark Pocan
stated on December 17, 2014 in an interview:
Under the "cromnibus" law, taxpayers must guarantee "incredibly risky" derivatives deals made by the nation's largest banks.  
Half-True
By Tom Kertscher • January 7, 2015
Vicky Hartzler
Vicky Hartzler
stated on June 24, 2014 in a "Roll Call" interview:
The Export-Import Bank "doesn’t cost taxpayers anything."
Half-True
By Lauren Carroll • June 30, 2014
Wendy Davis
Wendy Davis
stated on December 30, 2013 in a press release:
Payday lenders profit "from the poor by charging 1,000-plus" percent "interest."
Half-True
By W. Gardner Selby • January 8, 2014
Senate Conservatives Fund
Senate Conservatives Fund
stated on December 9, 2013 in as quoted by Politico:
"John Cornyn has voted to increase the debt, raise taxes, bail out Wall Street banks and fund Obamacare."
Half-True
By W. Gardner Selby • December 12, 2013
Michael Turner
Michael Turner
stated on April 22, 2012 in a news release:
Some "20,000 Delphi salaried retirees lost up to 70 percent of their pensions" as a result of "political favoritism and backroom deals."
Half-True
By Stephen Koff • September 24, 2013
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