Banks Quote by Elizabeth Warren
“If the big banks expect to buy influence when they give money to favored think tanks, then the public has a right to know. If the big banks don't expect to buy influence and are merely making charitable contributions, then their shareholders have a right to know. Either way, there's no excuse for keeping these payments secret.”
About This Quote
Source Speech: Senate Hearing on Financial Transparency, 2013
Banks should disclose whether donations aim to buy influence or are genuine charity, ensuring public awareness.
In simple terms: Banks must be transparent about donations.
Key Takeaway
Demand disclosure of political donations.
Themes
politics
finance
transparency
ethics
accountability
Mood
concerned
determined
Type
advocacy
informative
When to use this quote
- Lobbying disclosures
- nonprofit audits
- shareholder reports
- media investigations
Key Concepts
Corporate influence
public trust
campaign finance
Questions to Reflect On
- What mechanisms ensure true transparency?
- How can public oversight be strengthened?
A Different Perspective
Complex legal definitions of “influence” may hinder enforcement.
![“I can remember riding in the car with [my daughter] Amelia, when she was very small, and we'd talk about money the same way we'd talk about sparkly shoes or what had happened at school.” quote by Elizabeth Warren](https://sms4smile.com/quotes/img-quotes/e72/elizabeth-warren-879_amelia_i-can-remember-riding-in-the-car-with-my_32573.jpg)
