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Latest Fact-Checks In Regulation

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Lamar McKay
Lamar McKay
stated on May 2, 2010 an interview on ABC News' 'This Week':
A letter from BP to the Minerals Management Service "actually recommends improvements and specific recommendations around safety regulations should they choose to change them."
Mostly False
By Angie Drobnic Holan • May 2, 2010
Sherrod Brown
Sherrod Brown
stated on April 25, 2010 an interview on "This Week.":
"Fifteen years ago, the assets of the six largest banks in this country totaled 17 percent of GDP ... The assets of the six largest banks in the United States today total 63 percent of GDP."
True
By Angie Drobnic Holan • April 27, 2010
Sherrod Brown
Sherrod Brown
stated on April 25, 2010 an interview on ABC's This Week:
The financial services bill will end "too-big-to-fail."
Mostly False
By Louis Jacobson • April 26, 2010
Harry Reid
Harry Reid
stated on April 19, 2010 a Senate floor speech:
The financial services regulatory bill "will end taxpayer bailouts."
Mostly False
By Angie Drobnic Holan, Louis Jacobson • April 21, 2010
Mitch McConnell
Mitch McConnell
stated on April 14, 2010 a press conference:
New financial regulation "actually guarantees future bailouts of Wall Street banks."
False
By Angie Drobnic Holan, Louis Jacobson • April 20, 2010
Lawrence Summers
Lawrence Summers
stated on April 4, 2010 an interview on "This Week.":
On financial reform, there is "a million dollars being spent, per congressman, in lobbying expenses on this issue. (The) industry has four lobbyists per member of the House and Senate working on this."
Mostly True
By Angie Drobnic Holan • April 7, 2010
Michael Moore
Michael Moore
stated on September 23, 2009 an interview on "The Colbert Report":
Goldman Sachs was Barack Obama's "No. 1 private contributor."
True
By Angie Drobnic Holan • September 25, 2009
Chain email
Chain email
stated on July 28, 2009 a chain e-mail:
"All private healthcare plans must conform to government rules to participate in a Healthcare Exchange."
True
By Angie Drobnic Holan • July 30, 2009
Chain email
Chain email
stated on July 28, 2009 a chain e-mail:
In the health care bill, "The 'Health Choices Commissioner' will decide health benefits for you. You will have no choice. None."
Pants on Fire!
By Angie Drobnic Holan • July 30, 2009
Investor's Business Daily
Investor's Business Daily
stated on July 15, 2009 an editorial.:
The health care reform bill -- on Page 16 -- outlaws private insurance.
Pants on Fire!
By Angie Drobnic Holan • July 22, 2009
Michael Steele
Michael Steele
stated on June 1, 2009 a press release.:
"President Obama will now own 60 percent of GM, and his union buddies will own almost 20 percent."
True
By Catharine Richert • June 1, 2009
John McCain
John McCain
stated on September 16, 2008 an interview on CNN's "American Morning":
"I said two years ago that the Fannie and Freddie thing was a very serious problem and we had to work on it."
Mostly False
By Adriel Bettelheim • September 17, 2008
Hillary Clinton
Hillary Clinton
stated on November 20, 2007 a speech in Shenandoah, Iowa:
"A ham and cheese sandwich on one slice of bread is the responsibility of the USDA ... But a ham and cheese sandwich on two slices of bread is the responsibility of the Food and Drug Administration."
True
By Bill Adair • December 10, 2007
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