Banking Quote by Jake Auchincloss

Competition is good for consumers. It provides more choices at better prices.

— Jeb Hensarling

Instead of abandoning competition and giving banks protected monopolies once again, the public would be better served by making it easier to close banks…

— Raghuram Rajan

Traditional consumer finance has been unfair for decades. Banks have had a monopoly on financial services and have been able to overcharge and underserve…

— Taavet Hinrikus

“Having personally entered markets in which there supposedly was no competition, I can tell you that lack of direct competition doesn’t mean the customer…

— Victor Cheng

Consumerists want to encourage private providers to compete with public providers because they believe that this will lead to increased efficiency and a more…

— Nick Boles

Competition is not only the basis of protection to the consumer, but is the incentive to progress.

— Herbert Hoover

I oppose any bank consolidation that would force consumers to be saddled with interest rates and fees that exceed what they would be able…

— Al N. Green

Banking is necessary - banks are not.

— Bill Gates

Consumers fare best when the barriers to business entry are low, which helps ensure that the market - any market - becomes competitive and…

— Ajit Pai

Markets work when people can evaluate the prices and risks of different products, then pick the ones that work best for them. But when…

— Elizabeth Warren

It is extremely difficult for our contemporaries to conceive of the conditions of free banking because they take government interference with banking for granted…

— Ludwig von Mises

Reasonable regulations are essential to protect consumers from harmful practices and ensure that consumer financial markets operate in a fair, transparent, competitive manner.

— Richard Cordray