Posts Tagged ‘adam schiff’

Adam Schiff: Drain the Swamp Banks

Posted by admin on Wednesday, April 25, 2018

Adam Schiff Money Quote saying corruption is strikingly transparent for Mick Mulvaney when telling bankers that lobbyists who contribute can be heard by members of Congress. Adam Schiff said:
 
Nothing says 'Drain the Swamp' like telling bankers to give more money to politicians who put banks ahead of people Quote
 

Nothing says drain the swamp like telling a room full of bankers to give more money to politicians who put the interests of banks ahead of people” — Adam Schiff

 

Share </> Quote Image

Share the Adam Schiff Money-in-Politics quote image above on your site:

 
Short Link to this Quote:

[collapse]

 

In this quote, Adam Schiff is criticizing the idea that tightening connections between politicians and big banks will somehow “drain the swamp” of corruption in government. Some key points:

  • Schiff is referencing remarks made to bankers encouraging them to donate more money to political campaigns.
  • He sarcastically notes that strengthening the influence of banks over lawmakers by means of increased funding certainly does not match the goal of “draining the swamp” of special interests.
  • Schiff implies it will only further entrench a system where politicians prioritize bank interests over ordinary citizens when making policies and regulations.
  • The quote mocks the notion that soliciting more money from banks to gain their favor translates to reform that removes corruption and makes government work primarily for public interests rather than well-funded lobby groups.

Overall, Schiff portrays such actions as the very opposite of reform, arguing it only deepens the swamp by tightening financial industry control over the political process through increased political donations.


 

Adam Schiff: Trump Divest Businesses Now

Posted by admin on Tuesday, December 27, 2016

Adam Schiff Money Quote saying Trump will be boxed in on all decisions affecting his business interests and must divest fully. Adam Schiff said:
 
fully divest. Trump has said he doesn’t care about his business interests anymore. Time to prove it Quote
 

“The only way out of this box is to fully divest. Trump has said he doesn’t care about his business interests anymore. Time to prove it” — Adam Schiff

 

Share </> Quote Image

Share the Adam Schiff Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

 

In this quote, Representative Adam Schiff appears to be calling on Donald Trump to more fully divest from his business interests. A few key points:

  • Schiff refers to the “box” Trump is in, likely meaning the conflicts of interest and ethics concerns around him continuing to profit from his private businesses while president.
  • He argues that the only way to definitively resolve these issues is for Trump to “fully divest”, or completely sell off his ownership stakes and cut ties with his companies.
  • Schiff notes Trump has claimed he no longer cares about his business interests, and Schiff is essentially challenging him to prove this claim is true by fully divesting as opposed to partial separation through a trust.
  • The quote conveys Schiff’s view that half-measures are not enough and full divestment is necessary to resolve criticisms around Trump mixing his public role with private profits from his business empire.

Overall, Schiff appears to be pushing Trump to take more substantive steps to resolve conflicts of interest by fully divesting rather than maintaining ongoing financial connections to his companies.

Money Quotes Daily