35 Quotes by Peter Welch

We urge the Department of Justice to carefully investigate and aggressively prosecute all senior bank officials who participated in manipulating the London interbank offered rate throughout the financial crisis.

I favor the extension of the middle-class tax cuts because in a recession they're stimulative and they help with demand.

BP has finally acknowledged what the American people have been saying for weeks: It must take responsibility for its reckless conduct, clean up the Gulf and compensate the countless victims of the disaster it caused.

One of the things I give Nancy Pelosi a lot of credit for is that she's able to get things passed and hold her members together because she shows us that she's doing everything possible to get our views into these bills.

Swipe fees have increased steadily since the introduction of debit cards 20 years ago, when there were no swipe fees at all. Merchants can't negotiate or control them. They've tried, but they have no leverage against the big banks and issuers. So they get ignored.

Historically, the minority party in Congress votes against raising the debt limit, forcing the majority party to whip its members into casting politically painful votes in favor.

Yes, it is long past time we get serious about tackling the nation's ever-growing deficits. But the average American family drawn into serious debt cannot just threaten to stiff its creditors. It must cut its spending in the future, but also take responsibility for the debt incurred in the past.

There’s no conscious plan here; my whole life in politics as a state legislator and in Congress has been about strengthening the middle class.

One of the things I give Nancy Pelosi a lot of credit for is that she’s able to get things passed and hold her members together because she shows us that she’s doing everything possible to get our views into these bills.