This story appeared in Bank Digest.
House Democratic Leader Nancy Pelosi (D-Calif) joined House Financial Services Committee Ranking Member Maxine Waters (D-Calif) and other committee Democrats at a press conference to highlight what Pelosi's press release called "President Trump's anti-worker agenda to put #WallStreetFirst and sell out Main Street." The release contains remarks from Pelosi, as well as answers by her and other representatives to questions.
In opening remarks, Pelosi said, "Instead of fighting for hard-working families abused by our economy as he promised in the campaign, the President and his billionaire cabinet have abandoned Main Street to enable Wall Street's corrosive profiteering of the banks on the back of hard-working Americans. This Administration has unleashed a 'Wall Street First' Agenda to pad the pockets of their Wall Street friends." She also said that in passing the Dodd-Frank Act, "Democrats enacted strongest Wall Street consumer financial protections in history."
Responding to the press conference, House Financial Services Committee Chairman Jeb Hensarling (R-Texas) said, "Democrats played right into Wall Street's hands when they passed Dodd-Frank. As one Wall Street CEO said, Dodd-Frank has created a 'moat' of protection around the big banks. Another Wall Street CEO points out that Dodd-Frank's complex rules and regulations serve to protect Wall Street's big banks from competition from smaller mid-sized and community banks and credit unions."