--- title: "Meaning & Key Takeaway of: Accountability for the largest financial…" description: "\"Accountability for the largest financial institutions on Wall Street is the bedrock for a strong economy. Hard-working families and honest businesses c..." image: "https://sms4smile.com/quotes/i/20c/elizabeth-warren-879_accountability_accountability-for-the-largest-financial_2888000.jpg" --- # Accountability for the largest financial institutions on… ![“Accountability for the largest financial institutions on Wall Street is the bedrock for a strong economy. Hard-working families and honest businesses cannot survive in a world where the rules don’t keep the marketplace honest.” quote by Elizabeth Warren](https://sms4smile.com/quotes/i/20c/elizabeth-warren-879_accountability_accountability-for-the-largest-financial_2888000.jpg) [Download](https://sms4smile.com/quotes/i/20c/elizabeth-warren-879_accountability_accountability-for-the-largest-financial_2888000.jpg) [Open image](https://sms4smile.com/quotes/i/20c/elizabeth-warren-879_accountability_accountability-for-the-largest-financial_2888000.jpg) > “Accountability for the largest financial institutions on Wall Street is the bedrock for a strong economy. Hard-working families and honest businesses cannot survive in a world where the rules don’t keep the marketplace honest.” [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. A strong economy relies on accountability of major financial firms; without honest rules, families and businesses suffer. **In simple terms:** Accountability of big banks protects the economy. Key Takeaway Demand transparent regulation of financial institutions. Themes economy accountability regulation Mood urgent concerned Type policy advocacy When to use this quote - investor relations - small business - consumer protection Key Concepts public policy financial ethics Questions to Reflect On - How can citizens hold banks accountable? - What policies ensure market honesty? A Different Perspective Political resistance can stall reforms. ★ ★ ★ ★ ★ No ratings yet [Accountability](https://sms4smile.com/quotes/about/accountability/) [Accountability Largest](https://sms4smile.com/quotes/about/accountability-largest-4040097/) [Bedrock](https://sms4smile.com/quotes/about/bedrock/) [Customer](https://sms4smile.com/quotes/about/customer/) [Economics](https://sms4smile.com/quotes/about/economics/) [Economy](https://sms4smile.com/quotes/about/economy/) [Family](https://sms4smile.com/quotes/about/family/) [Financial](https://sms4smile.com/quotes/about/financial/) [Financial institutions](https://sms4smile.com/quotes/about/financial-institutions/) [Hard](https://sms4smile.com/quotes/about/hard/) [Hard work](https://sms4smile.com/quotes/about/hard-work/) [Honest](https://sms4smile.com/quotes/about/honest/) [Honest Businesses](https://sms4smile.com/quotes/about/honest-businesses-4040098/) [Institutions](https://sms4smile.com/quotes/about/institutions/) [Largest Financial](https://sms4smile.com/quotes/about/largest-financial-782154/) [Marketplace](https://sms4smile.com/quotes/about/marketplace/) [Money](https://sms4smile.com/quotes/about/money/) [Streets](https://sms4smile.com/quotes/about/streets/) [Strong](https://sms4smile.com/quotes/about/strong/) [Strong economy](https://sms4smile.com/quotes/about/strong-economy/) [Wall](https://sms4smile.com/quotes/about/wall/) [Wall St](https://sms4smile.com/quotes/about/wall-st/) [Wall street](https://sms4smile.com/quotes/about/wall-street/) [World](https://sms4smile.com/quotes/about/world/) ## Related quotes > [Some of the largest financial institutions can build a profit model on tricking people.](https://sms4smile.com/quotes/elizabeth-warren/some-of-the-largest-financial-institutions-can-build-a-profit-model/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [We've had a number of economists supporting our legislation. And here's where we are. The American people can judge. Six largest financial institutions in…](https://sms4smile.com/quotes/bernie-sanders/we-ve-had-a-number-of-economists-supporting-our-legislation-and-here/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [Apparently modern financial regulators are vastly more sophisticated than we were as financial regulators 25 years ago - because we had never figured out…](https://sms4smile.com/quotes/william-k-black/apparently-modern-financial-regulators-are-vastly-more-sophisticated/) [William K. Black](https://sms4smile.com/quotes/author/william-k-black/) > [No. It is not acceptable that the 6 largest financial institutions in this country have assets of almost 10 trillion dollars, and issue half…](https://sms4smile.com/quotes/bernie-sanders/no-it-is-not-acceptable-that-the-6-largest-financial-institutions-in/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [Although not well known outside Wall Street, Freddie Mac and its corporate cousin, Fannie Mae, are two of the world's largest financial institutions and…](https://sms4smile.com/quotes/alex-berenson/although-not-well-known-outside-wall-street-freddie-mac-and-its/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [If large financial institutions can break the law and accumulate million in profits - and, if they get caught, settle by paying out of…](https://sms4smile.com/quotes/elizabeth-warren/if-large-financial-institutions-can-break-the-law-and-accumulate/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [There's been such a sense that there's one set of rules for trillion-dollar financial institutions and a different set for all the rest of…](https://sms4smile.com/quotes/elizabeth-warren/there-s-been-such-a-sense-that-there-s-one-set-of-rules-for-trillion/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [I do not understand how it is that financial institutions could think that they could take taxpayer money and then turn around and act…](https://sms4smile.com/quotes/elizabeth-warren/i-do-not-understand-how-it-is-that-financial-institutions-could-think/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [Well, the U.S., of course, is the world's largest economy. It's about a quarter of the world's output. It's also home to many of…](https://sms4smile.com/quotes/ben-bernanke/well-the-u-s-of-course-is-the-world-s-largest-economy-it-s-about-a/) [Ben Bernanke](https://sms4smile.com/quotes/author/ben-bernanke/) > [I am particularly disturbed that our country is the largest financial supporter of an organization that not only wastes a lot of our money…](https://sms4smile.com/quotes/mac-thornberry/i-am-particularly-disturbed-that-our-country-is-the-largest-financial/) [Mac Thornberry](https://sms4smile.com/quotes/author/mac-thornberry/) > [By a considerable margin, my family's largest-ever financial expenditure was the adoption of our two sons.](https://sms4smile.com/quotes/rumaan-alam/by-a-considerable-margin-my-family-s-largest-ever-financial/) [Rumaan Alam](https://sms4smile.com/quotes/author/rumaan-alam/) > [If you allowed PayPal to pursue its destiny, there are moves it could make to become the largest financial company in the world.](https://sms4smile.com/quotes/david-o-sacks/if-you-allowed-paypal-to-pursue-its-destiny-there-are-moves-it-could/) [David O. Sacks](https://sms4smile.com/quotes/author/david-o-sacks/) > [Citigroup has the opportunity to be the largest financial institution and to serve us well. What we decide to do is not what everybody…](https://sms4smile.com/quotes/lisa-caputo/citigroup-has-the-opportunity-to-be-the-largest-financial-institution/) [Lisa Caputo](https://sms4smile.com/quotes/author/lisa-caputo/) > [Since my election to Congress, I've always been interested in human rights. I really do believe that's America's strength. Yes, we have a strong…](https://sms4smile.com/quotes/ben-cardin/since-my-election-to-congress-i-ve-always-been-interested-in-human/) [Ben Cardin](https://sms4smile.com/quotes/author/ben-cardin/) > [We're going to create factory jobs for recent immigrants, and Donald Trump is going to take care of them. That's why his numbers, even…](https://sms4smile.com/quotes/jeff-sessions/we-re-going-to-create-factory-jobs-for-recent-immigrants-and-donald/) [Jeff Sessions](https://sms4smile.com/quotes/author/jeff-sessions/) ## More by Elizabeth Warren > [Every time the U.S. government makes a low-cost loan to someone, it's investing in them.](https://sms4smile.com/quotes/elizabeth-warren/every-time-the-u-s-government-makes-a-low-cost-loan-to-someone-it-s/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [Once you've gotten your money in balance, you know how much you have to spend on things that are just fun.](https://sms4smile.com/quotes/elizabeth-warren/once-you-ve-gotten-your-money-in-balance-you-know-how-much-you-have/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [“For capitalism to work, we all need one another.”](https://sms4smile.com/quotes/elizabeth-warren/for-capitalism-to-work-we-all-need-one-another/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [“The single best predictor that a family would go bankrupt was if they had a child.”](https://sms4smile.com/quotes/elizabeth-warren/the-single-best-predictor-that-a-family-would-go-bankrupt-was-if-they/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [ 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… ](https://sms4smile.com/quotes/elizabeth-warren/i-can-remember-riding-in-the-car-with-my-daughter-amelia-when-she-was/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [That's how we build the economy of the future. An economy with more jobs and less debt, we root it in fairness. We grow…](https://sms4smile.com/quotes/elizabeth-warren/that-s-how-we-build-the-economy-of-the-future-an-economy-with-more/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [Homeowners refinance their loans when interest rates go down. Businesses refinance their loans.](https://sms4smile.com/quotes/elizabeth-warren/homeowners-refinance-their-loans-when-interest-rates-go-down/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [There are a lot of things that people say about Hillary Clinton. But nobody says that she doesn't know how to throw a punch.](https://sms4smile.com/quotes/elizabeth-warren/there-are-a-lot-of-things-that-people-say-about-hillary-clinton-but/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [I don't think anyone went the polls and said, 'I am casting my vote to make sure that Wall Street has better chances to…](https://sms4smile.com/quotes/elizabeth-warren/i-don-t-think-anyone-went-the-polls-and-said-i-am-casting-my-vote-to/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [With post offices and postal workers already on the ground, USPS could partner with banks to make a critical difference for millions of Americans…](https://sms4smile.com/quotes/elizabeth-warren/with-post-offices-and-postal-workers-already-on-the-ground-usps-could/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [We should stop having a conversation about cutting Social Security a little bit or a lot.](https://sms4smile.com/quotes/elizabeth-warren/we-should-stop-having-a-conversation-about-cutting-social-security-a/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > ['Middle class' used to be synonymous with secure, with steady, with boring, because middle-class people were people who were pretty much safe from the…](https://sms4smile.com/quotes/elizabeth-warren/middle-class-used-to-be-synonymous-with-secure-with-steady-with/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [You can put handcuffs on people who push the envelope. When they break the law, they deserve to have handcuffs.](https://sms4smile.com/quotes/elizabeth-warren/you-can-put-handcuffs-on-people-who-push-the-envelope-when-they-break/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [The broken consumer credit market had to be repaired by making sure that consumers had the right information and could use it effectively. That…](https://sms4smile.com/quotes/elizabeth-warren/the-broken-consumer-credit-market-had-to-be-repaired-by-making-sure/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [“When you have no real power, go public—really public. The public is where the real power is. Those”](https://sms4smile.com/quotes/elizabeth-warren/when-you-have-no-real-power-go-public-really-public-the-public-is/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) [Explore all 342 Elizabeth Warren quotes ](https://sms4smile.com/quotes/author/elizabeth-warren/) ## More Accountability quotes > [Think of these things, whence you came, where you are going, and to whom you must account.](https://sms4smile.com/quotes/benjamin-franklin/think-of-these-things-whence-you-came-where-you-are-going-and-to-whom/) [Benjamin Franklin](https://sms4smile.com/quotes/author/benjamin-franklin/) > [In the battle for police reform, accountability and justice, Americans don't have to re-invent the wheel. We just have to revoke the thing that…](https://sms4smile.com/quotes/jason-johnson/in-the-battle-for-police-reform-accountability-and-justice-americans/) [Jason Johnson](https://sms4smile.com/quotes/author/jason-johnson/) > [Transparency pertains to impartial behavior, implies openness, communication, and accountability. Inculcate transparency in attitude and experience a life free of controversy and blame](https://sms4smile.com/quotes/dr-anil-kr-sinha/transparency-pertains-to-impartial-behavior-implies-openness/) [Dr Anil Kr Sinha](https://sms4smile.com/quotes/author/dr-anil-kr-sinha/) > [Democracy must be built through open societies that share information. When there is information, there is enlightenment. When there is debate, there are solutions.…](https://sms4smile.com/quotes/atifete-jahjaga/democracy-must-be-built-through-open-societies-that-share-information/) [Atifete Jahjaga](https://sms4smile.com/quotes/author/atifete-jahjaga/) > [Democracy is not being well served as we're accustomed to. There is less information, there's less investigation, there's less analysis, there's less accountability.](https://sms4smile.com/quotes/edward-greenspon/democracy-is-not-being-well-served-as-we-re-accustomed-to-there-is/) [Edward Greenspon](https://sms4smile.com/quotes/author/edward-greenspon/) > [I come from a world where accountability and accomplishments matter, and where titles and rhetoric take a back seat to results.](https://sms4smile.com/quotes/carly-fiorina/i-come-from-a-world-where-accountability-and-accomplishments-matter/) [Carly Fiorina](https://sms4smile.com/quotes/author/carly-fiorina/) > [It means a lot. It means I'm accountable.](https://sms4smile.com/quotes/champ-bailey/it-means-a-lot-it-means-i-m-accountable/) [Champ Bailey](https://sms4smile.com/quotes/author/champ-bailey/) > [Our particular principles of religion are a subject of accountability to our god alone. I enquire after no man's and trouble none with mine;…](https://sms4smile.com/quotes/thomas-jefferson/our-particular-principles-of-religion-are-a-subject-of-accountability/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [This strongly asserted but ill-defined license to kill without accountability is not an entitlement which the United States or other states can have without…](https://sms4smile.com/quotes/philip-alston/this-strongly-asserted-but-ill-defined-license-to-kill-without/) [Philip Alston](https://sms4smile.com/quotes/author/philip-alston/) > [Responsible Development shares many practices with XP but the roots are different. Responsible Development's values are honesty, transparency, accountability and responsibility. These lead me…](https://sms4smile.com/quotes/kent-beck/responsible-development-shares-many-practices-with-xp-but-the-roots/) [Kent Beck](https://sms4smile.com/quotes/author/kent-beck/) > [“Opinion is really the lowest form of human knowledge. It requires no accountability, no understanding. The highest form of knowledge… is empathy, for it…](https://sms4smile.com/quotes/bill-bullard/opinion-is-really-the-lowest-form-of-human-knowledge-it-requires-no/) [Bill Bullard](https://sms4smile.com/quotes/author/bill-bullard/) > [The American people deserve accountability over wasteful spending, and we accomplish that by prioritizing taxpayer dollars in a responsive and responsible manner.](https://sms4smile.com/quotes/katie-britt/the-american-people-deserve-accountability-over-wasteful-spending-and/) [Katie Britt](https://sms4smile.com/quotes/author/katie-britt/) > [If torture is going to be administered as a last resort in the ticking-bomb case, to save enormous numbers of lives, it ought to…](https://sms4smile.com/quotes/alan-dershowitz/if-torture-is-going-to-be-administered-as-a-last-resort-in-the/) [Alan Dershowitz](https://sms4smile.com/quotes/author/alan-dershowitz/) > [“There are many professions that require individuals, on an ongoing basis, to pass drug tests, physicals and psychological evaluations in order to keep their…](https://sms4smile.com/quotes/gary-hopkins/there-are-many-professions-that-require-individuals-on-an-ongoing/) [Gary Hopkins](https://sms4smile.com/quotes/author/gary-hopkins/) > [“Expecting accountability from the UN system was akin to expecting a blind dog to catch a flying Frisbee.”](https://sms4smile.com/quotes/michael-soussan/expecting-accountability-from-the-un-system-was-akin-to-expecting-a/) [Michael Soussan](https://sms4smile.com/quotes/author/michael-soussan/) [Browse all 860 Accountability quotes ](https://sms4smile.com/quotes/about/accountability/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Accountability for the largest financial institutions on Wall Street is the bedrock for a strong economy. 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