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Latest Fact-Checks In Financial Regulation

Clear
Kirsten Gillibrand
Kirsten Gillibrand
stated on July 9, 2019 a campaign event
A transaction tax in countries like the UK "didn't affect their financial markets at all." 
Mostly False
By Jill Terreri Ramos • July 26, 2019
Justice Democrats
Justice Democrats
stated on April 25, 2019 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
Facebook posts
Facebook posts
stated on April 28, 2018 a Facebook post
Says Red Cross President and CEO Marsha J. Evans makes "$651,957 plus expenses" a year and "only 9 cents of every dollar" donated to the organization goes to helping people in need.  
False
By Samantha Putterman • February 8, 2019
Richard Ojeda
Richard Ojeda
stated on November 27, 2018 a tweet
At General Motors, CEO Mary Barra "took home almost 22 MILLION DOLLARS last year alone (295x your company's average employee)."
True
By Liz Newton, Jamie Green, Kenna Richards, Patrick Orsagos • December 6, 2018
Ro Khanna
Ro Khanna
stated on September 12, 2018 a Facebook post
"Most Americans don’t own stocks."
Half-True
By Louis Jacobson • September 18, 2018
Matt Flynn
Matt Flynn
stated on April 12, 2018 a TV interview
Says Foxconn "is under investigation in mainland China for securities fraud, environmental fraud and labor fraud."
Mostly False
By Ahmed Elbenni • July 31, 2018
Amy Klobuchar
Amy Klobuchar
stated on July 9, 2018 a tweet
Says Judge Brett Kavanaugh "ruled that the Consumer Financial Protection Bureau was unconstitutional (reversed by full Circuit Court)."  
Mostly True
By Manuela Tobias • July 25, 2018
Richard Cordray
Richard Cordray
stated on May 17, 2018 a tweet
"Ohio's (payday lending) laws are now the worst in the nation. Things have gotten so bad that it is legal to charge 594 percent interest on loans."
True
By Amy Sherman • June 8, 2018
Kevin Cramer
Kevin Cramer
stated on May 30, 2018 radio interview
Says Heidi Heitkamp has "never been interested in" regulatory relief "until all of a sudden I become a candidate for the Senate and put pressure on."
False
By Manuela Tobias • June 4, 2018
Keith Rothfus
Keith Rothfus
stated on May 22, 2018 a press release
"Since the end of the financial crisis, we have seen an average of one community bank or credit union disappear every day."
Mostly True
By Colin Deppen • May 31, 2018
Heidi Heitkamp
Heidi Heitkamp
stated on March 14, 2018 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 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
Nancy Pelosi
Nancy Pelosi
stated on January 31, 2017 a town hall on CNN
"Wall Street comes out en masse with its money against House Democrats every election."
Mostly False
By Louis Jacobson • February 1, 2017
Kellyanne Conway
Kellyanne Conway
stated on January 27, 2017 an interview with "CBS This Morning"
"Here's the fact: The No. 1 source of income into Mexico are Mexicans working here and sending the money back."
False
By Louis Jacobson • January 30, 2017
Donald Trump
Donald Trump
stated on October 1, 2016 a statement from the campaign
Says he has "a fiduciary responsibility to his business, his family and his employees to pay no more tax than legally required."
False
By Louis Jacobson • October 10, 2016
Hillary Clinton
Hillary Clinton
stated on September 26, 2016 the first presidential debate at Hofstra University
The Great Recession emerged "in large part because of tax policies that slashed taxes on the wealthy, failed to invest in the middle class, took their eyes off of Wall Street, and created a perfect storm."
Mostly False
By Louis Jacobson • October 2, 2016
Elizabeth Warren
Elizabeth Warren
stated on June 28, 2016 an interview on The View
Says Donald Trump's position is "to roll back all" of the financial regulations passed after the financial crisis.
Mostly True
By Adam Thorp • July 5, 2016
Tim Canova
Tim Canova
stated on June 1, 2016 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 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 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
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