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Latest Fact-Checks In Financial Regulation

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Rick Allen
Rick Allen
stated on January 10, 2014 in a tweet:
U.S. Rep. John Barrow, D-Ga., does not want to audit the Federal Reserve.
False
By Eric Stirgus • January 28, 2014
Michael Doherty
Michael Doherty
stated on December 9, 2011 in a news release:
"Following the catastrophic, cascading collapse of major investment banks on Wall Street in 2007.....Nobody was prosecuted, no hearings were held and no reforms were implemented."
False
By Bill Wichert • December 19, 2011
Newt Gingrich
Newt Gingrich
stated on November 11, 2011 in remarks at Mandester, N.H. campaign headquarters:
"Community banks … are being destroyed by Dodd-Frank."
False
By Jon Greenberg • November 21, 2011
Occupy Providence
Occupy Providence
stated on October 19, 2011 in a protest sign:
"Minimum wage = $16,000/year CEO-Goldman Sachs (Lloyd Blankfein) $16,000/Hour."
False
By Lynn Arditi • October 26, 2011
James Langevin
James Langevin
stated on September 21, 2011 in a speech:
"Foster children are disproportionately victims of identity theft."
False
By C. Eugene Emery Jr. • October 20, 2011
Rick Scott
Rick Scott
stated on August 11, 2011 in an interview with Panama City radio station WFLA 94.5:
"Our credit rating went up since I've been in office."
False
By Aaron Sharockman, Becky Bowers • August 17, 2011
Ash Williams
Ash Williams
stated on August 2, 2011 in response to a question from Gov. Rick Scott:
"The (State Board of Administration) transparency issue got a great airing the last legislative session."
False
By Aaron Sharockman • August 2, 2011
Marcy Kaptur
Marcy Kaptur
stated on November 23, 2010 in an MSNBC interview:
"Six institutions in our country now control two thirds of the capital."
False
By Sabrina Eaton • January 28, 2011
Glenn Grothman
Glenn Grothman
stated on November 13, 2010 in a newspaper article:
The payday loan industry "does not exist in a state like Minnesota."
False
By Tom Kertscher • November 28, 2010
Kurt Schrader
Kurt Schrader
stated on October 10, 2010 in a radio show:
Says more Republicans than Democrats voted for the Wall Street bailouts.
False
By Ian K. Kullgren • October 18, 2010
Phil Gingrey
Phil Gingrey
stated on September 25, 2010 in a CNN interview:
The federal government can tell General Motors what to charge for its automobiles.
False
By Eric Stirgus • October 4, 2010
Kendrick Meek
Kendrick Meek
stated on July 26, 2010 in a television ad:
"Warren Buffett called (Jeff) Greene's scheme 'financial weapons of mass destruction.' "
False
By Angie Drobnic Holan • July 30, 2010
Rahm Emanuel
Rahm Emanuel
stated on June 20, 2010 in an interview on "This Week.":
"In the case of General Motors, the (Bush) administration wrote a check without asking for any conditions of change."
False
By Angie Drobnic Holan • June 21, 2010
Meg Whitman
Meg Whitman
stated on April 16, 2010 in a campaign commerical:
Steve Poizner "increased his department's budget nearly 14 percent."
False
By Louis Jacobson • May 20, 2010
Mitch McConnell
Mitch McConnell
stated on April 14, 2010 in a press conference:
New financial regulation "actually guarantees future bailouts of Wall Street banks."
False
By Angie Drobnic Holan, Louis Jacobson • April 20, 2010
Richard Shelby
Richard Shelby
stated on March 25, 2010 in a letter to Treasury Secretary Timothy Geithner:
"The bill reported out of committee sets up a $50 billion slush fund that, while intended for resolving failing firms, is available for virtually any purpose that the treasury secretary sees fit."
False
By Catharine Richert • April 16, 2010
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