Cortez Masto Slams Mnuchin For Prioritizing Wall Street Over Consumers
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- เผยแพร่เมื่อ 14 ต.ค. 2024
- Cortez Masto confronted Treasury Secretary Mnuchin about his Department’s focus on helping Wall Street and Big Banks, over protecting American consumers.
Wow, she's nailed it!!!! Right on Senator Cortez Masto!!!
Mastro you have your foot on Manuchin s Neck Now Squeeze
Just grandstanding. Have they introduced any bills to stop it.
I guess Im asking randomly but does anybody know of a way to get back into an Instagram account..?
I was dumb lost my login password. I would love any tips you can offer me
@Ahmed Terrence Instablaster :)
Muncan is lying thru his teeth! Blink blink blink lying all of the way!
Thru his false teeth.
creep. If trump picked him, he is criminal.
He keeps talking and not saying anything just like individual #1. They just say bullshit and babble until the time runs out.
Manuchin and All his Constituents Need to be given a Shot of Truth Serum before they are Interviewed
she is impressive though...all he and his type are interested in is getting as much for themselves and their buddies.
yip typical lying money grabbing thug
Congratulation Mnuchin! You talk exactly like your boss.
POS GOP All about their Rich Friends at the Cost of The Little People the Ones that Are America and not the 1 percent Sucking it Dry
Like a boss?? Mnuchin got roasted! He couldn't answer a single question, and got called out. SMH...
Somebody's a fan of Trump!
Just get to the point!!
Yeah also a liar .
Senator Cortez Mastodon thank you!!!! But they don’t care!!!! As long as 45 benefits he cares nothing about the people who are hurting😡😡😡
The bare faced liar speaks!
Crosses his arms and talks with his eyes closed... clear signs of dishonesty.
Raven French, he displayed complete contempt and unabashed disrespect for this body.
Also a clear sign of making stuff up in his head, with what little brainpower the poor thing has.
Swampy just like the rest of the administration...
Yes and the first clear sign he is a liar, he works for Trump
Raven French hell awaits you Mnuchkin
Munchin- just danced around the questions
These committee harpys never let him finish. The old, "I'm reclaiming my time." ploy. Every time. Sickening.
She's talking to one of the main benefactors of the failed mortgage debacle.
beneficiaries
Do you know why the mortgage crisis happened? At least 1/2 the issue was with consumers over extending themselves. Millions knew they would never be able to make the payments but they bought the homes anyway. Everyone was in on it from the consumer, realtors, mortgage brokers and lenders all the way up to the major and minor investors including thousands of firms. You libbies just like to blame a villain when the real villain is yourself.
@@joshuareturns9907 i do not know the statistics. But 1/2 seems pretty high and put the blame on the only the people.
I agree that a lot of american got into loans and mortgage that they can't afford. But also the fact they are told that they refinance... and buy more homes and homes..
In the other hand, you have the banks that used this mortgages and turned into other financial assets: mortgages bond / credit swaps.. CDO.. CDo of a CDo.. etc.. the rating agencies not being able to know if this financial assest are safe enough.. the bets and sellings.. the speculation in the market.. banks making big profits for this.. and you are telling me because of the american people?
When crash came.. who got saved?.. the banks... and now... looks like some of these characters are also part of government?.. it is ridicoulous..
@@4MaBe Yes. Greed is in everyone. At the time, when the bubble was peaking, I was hearing homes were selling for 20-30% than the purchase price within a month. The banks were buying mortgage backed securities in the millions, lenders and appraisers knew this so they helped people with no money and no credit get mortgages as the lender knew the mortgage could be sold immediately.
This was the creation of the sub prime mortgage backed security, which banks which bought the securities never checked on. Why? Cause they were making millions on interest.
That drove demand and more and more shady buyers were able to get loans they could not afford.
So the greed of the buyer , the seller, the realtor, the lender and the banks all contributed.
Worse to me is the greed of the individual buyer. By the millions they were buying homes they could not afford, and they knew they could not afford. These buyers knew they didn't have the credit nor the income to satisfy the mortgage. The realtors, the sellers, the lenders and appraisers merely preyed upon the greed of the millions of individuals. IMO.
In the end this was all based on home sales. The banks weren't speculating, they were relying on the prime credit of the buyer in the securities. What they failed to do was check the credit of the buyers. The credit of millions of buyers was less that B+ and sometimes C or less. The success of the mortgage backed security relied on A+ credit, which was sparse throughout the mortgages in the security.
The securities were loan packages of 1000s of mortgages and all the banks saw was the millions in interest. Which is great, as long as the buyers paid. The collapse came when millions of buyers defaulted. You can read about it. Movies were made about it.
@@joshuareturns9907 agree with what you are saying! The greed of people but also the banks that took advantage of it.. how come they were able to see this? Some people in the banks and the rating agencies did even know what were in those morgages bonds and swaps?... it was because of the outsiders who saw this and bought swaps and realized there was a bubble
At the end, banks were saved and the individual lost...
I am basing this in the movie that I saw: the big short and the book michael lewis wrote about it
Respect Ms. Cortez Masto. You tell him..
This man is a creep.
Anne Wollstein a true demon!
and you are a judgemental creep
Anne Wollstein - double creepy ! Have listened to him now quite a few times. Disgusting!
David Goldman - you are probably just as creepy. Congratulations !
He’ll die a sad soul
Wouldn't it be great if a few officials in the administration were as talented as Ms. Masto?
I voted for you Cathy. Here in Hawthorne, Nevada.
Need you to do that again. 🙏🏻
Congratulations are in order she'll remind you at the gas pumps and have you play else where you pay taxes ! And don't forget that green fraud bill ! China bailed out on that crap !
thank you senator for taking this man to task.
Mnuchin is a sleaze bag. He made billions off of foreclosing on people.
He's in the right.
Good job. I appreciate your work and speak for the (ordinary-average) people.
Can''t you see this is a Lo Fon Kai Tai?
He is a slime ball
Monroe Taylor So true
He talks like Trump "tremendous" "a lot of good people"
#condon #trumptax
"WE are looking at" STOP the looking and get it done. Like Cortez Masto stated you have been dancing around, all he said is they are LOOKING at these concerns, how long must they be looked at before something gets done!!!??? I DO NOT LIKE THIS PHONEY MNUCHIN!!
Joe Neumeister, I noticed that he only said “looking at,” too! Greedy ass!
People get shot in America every day, how these bullets miss all these crooks is beyond me. Even cops use them in the wrong direction.
Here is a Dem woman asking her question respectfully and willing to work with the Secretary. I appreciate that.
I love this woman, wish there were more like her
Less, lol. You definitely don't live in Nevada.
Look behind him, it's Mrs."Let them eat cake".
I see her with her diamond earrings, lol
Good point about Mrs. Muchin sitting behind him. If he didn't have thousand dollar bills falling out of his pockets she wouldn't be anywhere near him. Would she? Which brings up a point. I think I noticed Betsy DeVos daughters sitting behind her during during subcommittees. First time I noticed it was Jeff sessions wife sitting behind him during subcommittees. And Barrs wife, daughters and son? What are they support groups? Bring your family to work day? They cannot testify by themselves? Just asking!
@@lightningstrikestwice6302 - Ah. I was about to say he just got married. Well, recently anyway. Honeymoon was to go fondle the money at the Federal Reserve! Much like trumP fondling the flag. :(
Ever hear back?
Or should I reclassify that as rhetorical?
That's my Senator! I'm from Las, Vegas, Nevada and thanks to the crash of 08' I lost my job of 12 years and my house. Thanks Steve Mnuchin, now I know who to blame. Thank you Senator Cortez=Masto for putting this crook in his place, not that it did any good.
A better place would be jail.
Steve "Liver Lips" Mnuchin.
"believe me,.... we will have the best bank regulations."
I believe you more than Trump.
Yeah and the best people. Lol
Seriously I could sound more believable then him. They are so corrupt!!
The rich against the poor. How can we ever win? Please vote the entire rep party out.
Muchin is lying his ass off. He turns bright red every time you realize you don't even realize it 😂
Did you see Mnuchin's trophy wife in the background; the blond? She looks all worried when C.M. is slamming her man, but at the end; she hears that he's going to take her to Vegas... to address C.M.'s concerns. Then, she gets all "happy." How sweet. He's another P.O.S. that Trump put in his Cabinet. He has "criminal" written all over him... he's just too smart to get caught. His money-grubbing wife is worse.
His little trophy wife thinks they "own" ft knox
Poor little girl! His face is the last one she sees at night and the first one she sees in the morning. Not enough money in the world for that!
I wish you came out swinging more; nevertheless, I'm proud to have you as our senior Senator from Nevada.
POS.
Steve Mnuchin's Face : " Please Punch Me ! "
"How are you protecting borrowers?"
"We are looking at all different aspects."
Why is he looking around so hard when answering. Don't believe an attorney is going to jump in to object suddenly
Kimberley Gager Looking for the cops
I agree, there isn’t anything about this guy that gives me any reason to begin to trust him. It’s clear through his actions who he is really protecting. Another very strong reason to get big corporate sponsorship out of politics.
It's been said "the road to hell is paved with good intentions". It's also been said "actions speaks louder than words". His intentions and actions from this testimony do nothing for the consumer.
Fire him. Take away his pension
He makes his living these last years by helping only those that have and not serving. I say by by your done!
trumP himself said he "made a killing" during the collapse! Cheap properties, no consequences! I would suggest they would do it on purpose. I put nothing past them.
It’s the foreclosure king!
This man is so used of lying and he sounds so sincere in talking about his lies.
This guy looks like the guy that would ask you, would you like fries with that? Lmao
I know nothing and I coulda come up with the SAME answers as this so called expert!
He's not paying attention. Wake him up.
The Foreclosure King got confirmed.
"we are looking at" means we've done nothing, nor intend to, we're just watching y'all go down with glee at the spectacle of it
Nick D Aint that the truth...
Access to credit is only making a large population of indentured servants. Great plan, Jerks.
"Aren't I looking into that?" As he looks back over his shoulder, and Wall Street listening in. "Oh yeah, sure, sure, sure, absolutely looking into all of uh.........well, what you just said." Stephan Colbert said Mnuchin looks like the guy that's hanging around at closing time in a Strip Club. LOL! Creepy!
He’s just padding the pockets of people who keep their MOUTHS SHUT!
The King of Foreclosure’s.
Very well said.
Grateful subscriber to this great channel.
I wonder if that ever happened! He makes my skin crawl!
She's right on the mark. Bang bang.
He's actually laughing in her face while he lies and doe not answer her questions. Amazing.
This guys watch is worth more than my home.
We certainly don't want to disappoint Ruby from Reno!
What's wrong with his voice and his mouth?
Criminal
LOL
But he wanted to drain the swamp
Amazed that nobody examined Mnuchin's time with Sears Holdings and his role in deconstructing Sears and Kmart.
I'm pretty sure I've seen this guy driving around schoolyards in a windowless van.
That is a horrible gutless, ruthless lying man that is if you consider him a man.
Absolutely, tremendous, we are looking into, very experienced, do these terms have a familiar ring to them?
He sounds like someone squirming, and someone making up bs about Consumer rights that he himself does not believe nor will advocate.
Yes, she is reading a question some intern prepared for her, and he is answering off the top of his head. You are as stupid as you look.
After providing so many documents to my mortgage company, I called to follow up. It was another mortagage co. that said too bad we are going to foreclose anyway. That was in 2010.
Here it is in this interview 2017. Nothing has changed. Now I’m watching this in 2020. Still being controlled by the greedy banks and politicians.
He is Very Scare 😂 bless his ❤️
You know...im older but I think going waaaaaay back to junior high school for mt next comment is applicable.
He's a DORK !
tell it like it is, the government told the banks to lend to people who didn't qualify to pay back. "they also deserve to be homeowners". well, that's what happens. plain and simple. THEY DEFAULT.
We have got to get these people out of these positions! Shameful!!!
My dream is that every waitperson in the world spits in his food
He's a snake. He doesn't care. Empty words
All these women are awesome Katie Porter Ocasio and this lady Cortez this man definitely is not transported to and from with a vehicle he definitely flies with a cape a vampire cape🇺🇸🔵🇺🇸
All i hear is talk. What are the Democrats doing about this unfair tax cut for the wealthy. #weneedaction
Complaining about the Democrats hahaa.. People vote for these Republican morons.. Blame them.. So Vote 🌊🌊🌊. Look at the people behind him..don't believe him neither
Talk to the republicans. They're still in charge and are blocking any meaningful bills that are coming out of the House.
And if you're a U.S. citizen talking like this, go back to school. I expect this kind of BS talk from russian trolls, but a U.S. citizen? You're a fukn disgrace!!!
@@ChannelFiend have patience! And I believe in Karma.
And this is why she still on our team. #NevadaProud
Is this Saturday Night Live?
Liar, absolutely!
Did you dump the trash? “Thank you for your question. I assure you that I am also very concerned about the trash and I can tell you it is one of our major priorities. We will be looking very closely at the trash problem and one of the things we are doing is focusing on the underlying reasons for trash buildup. We will be glad to talk to you and your office about it in the future.” But you still haven’t taken out the trash.
2008 was brought on by just this kind of talk from congress giving loans to people that can not afford to pay back there loans how so we forget
She is a saint ❤
Just looking at this creep makes you want to puke. Hope he is barred from being around Kids!
Oh wow, Mnuchin is not blowing mocking kisses at the camera this time.
That made me gag! There's not enough money in the world..
He just speaks in generalities. Another one of President Swamp's swamp ceatures.
Funny story this horrific villian was the guy they called the closing king he was directly responsible for the housing collapse in 2008 Fannie Mae and Freddie Mac were foreclosing left and right. Steve munchkin was was the main architect of that villian
They want us to get credit? We can't afford more debt.
The irony of Secretary Mnuchin claiming to care about homeowners is that he was a major player in forcing owners out of their homes. Mnuchin, a former Goldman Sachs partner, arrived in Washington with a distinct reputation. Back in 2009, he had corralled a bundle of rich financiers to take over California’s IndyMac bank, shut down amid the 2008 foreclosure crisis by the Federal Deposit Insurance Corporation (FDIC). Bought for $13.9 billion (but only $1.3 billion in actual cash), Mnuchin turned it into a genuine foreclosure machine, in the process sealing his own fate when it came to his future reputation. At the time, he didn’t appear concerned about public approval. Something far more valuable was at stake: the $200 million that, according to Bloomberg News, he raked in personally, thanks to the deal.
No such luck, of course, for the bank’s ordinary borrowers. During Mnuchin’s reign, IndyMac carried out more than 36,000 foreclosures, tossing former homeowners (including active duty military servicemen and women) onto the street without hesitation or pity by any means necessary. OneWest, the new name that Mnuchin and his billionaire posse coined for Indybank, of which Mnuchin was now CEO and chairman, reportedly rushed delinquent homeowners out of their homes by violating notice and waiting period statutes, illegally backdated key documents, and effectively gamed foreclosure auctions.
Now, Mnuchin remains bitter and frustrated that he can’t kick the reputation he got in those days. As he told a House Financial Services Committee Congressional hearing this July, “I take great offence to anybody who calls me the foreclosure king.” Such indignation would ring truer if, in May 2017, one of Mnuchin’s banking units, a company called Financial Freedom, hadn’t agreed to pay a more than $89 million settlement to the government for taking unreasonable advantage of thousands of seniors through reverse mortgages which convert equity in a home into a loan. A few months later, in August, a watchdog group, Campaign for Accountability, called upon the Justice Department to investigate Mnuchin for allegedly making false statements under oath to Congress about his actions at OneWest between 2009 and 2015.
That he can claim to be looking out for those he had previously made money on abusing is apparently part of being in DJT's administration.
Who else is hunting for videos of Mooching (sic) being grilled? 🤣🤣🤣🤣
She should focus on getting rid of the senior-citizen guardianship scams that pry on the elderly in her state before criticizing someone else.
LOTS OF LOVE AND LONG LIVE SENATOR CATHERINE CORTEZ MASTO
.....and offering to your god, moloch with freshly murdered babies from #PlannedParentHood
#MargaretSangerHatesBlackPeople
“And uh” - clearly he was struggling to respond without incriminating himself as a piece of crap
This coming from the man who got on a plane that I as a consumer paid for to go on a family trip. You want to travel wonderful, do it on your own dime not mine.
why do WE as Americans continue to turn a blind eye to this B.S.?!...I used to Belive that people wanted the Best for their country, obviously this is NOT the case. 😑
They are home,Officer full benefit pay etx and Im begging God to not have been stalked at work such as at HAND AND STONE IN SOMERSET OR COMMUNITY CARES IN NEW BRUNSWICK. PRAYING TO GET THROUGH THIS DAY RIFE WITH SO MUCH HOSTILITY FOR SOMETIMES JUST ENOUGH TO GET BACK THERE TO BE ABUSED AGAIN. BUT KEEPG
CROSSING THE Ts and DOTTING THOSE Is. EQUALiTY just might become relevant next Century.. #Big shout out to Sgt Quick #Shout out Mayor Cahill
I'm from Las Vegas and this lady never did anything to help our state.sad sad sad.
The lessons from Mnuchin of the day; How to bs yourself out of a sour pickle and being a total leech in the proces. Yeah, we're done believing these roaches, and hold them accountable for the mess they are trying to leave behind for the next person while lining their pockets. I would love to be a fly on the wall for that next meeting. That would be tremendous...lol. 😁
She turned the heat up on this con! Clearly a guy in his position simply because he's weak and affraid and easily manipulated by the big boys. And even they are probably laughing at him behind his back! What's interesting is the only times he looked directly at her are, before she actually asked a question and after she'd gotten up and began walking away. Guilty!!
Duper's delight at 4:45, he's lying.
She's just pissed she ain't getting kickbacks. The only consumer she cares about is her and her cronies.
Never trust a guy who can’t make eye contact.
What he is saying is they ( the freemadsons ) are focused on printing counterfeit dollars ( printing credit/debt )
Im sure his Blonde wife...sitting behind...LOVES him for being handsome....LOL
I think she's a honey-pot for someone but dont know who
“Looking out” for people that knowingly sign on to go into long term debt? How exactly does one do that? Lol
I like how he stutters when hes lying!!