Senator Dick Durbin

Well, from the bottom half of American society, when these people have enormous influence over the media, when they spend huge amounts of money in both political parties to elect candidates. But Biden said last night is we're moving toward an oligarchy. I'm asking you that question. Do you think forget how they made their money?

Do you think that when so few people have so much wealth and so much economic and political power, that that is an oligarchic form of society?

Do you think that when so few people have so much wealth and so much economic and political power, that that is an oligarchic form of society?

This is not a condemnation of any one individual. I'm just asking, would so few people have so much wealth and power

This is not a condemnation of any one individual. I'm just asking, would so few people have so much wealth and power

I mean, even if you had that mobility, no matter who those individuals might be. All right, but let me ask you another question. Right now in America... We have over 22 million workers who are making less than $15 an hour and nearly 40 million people in our country earning less than $17 an hour.

I mean, even if you had that mobility, no matter who those individuals might be. All right, but let me ask you another question. Right now in America... We have over 22 million workers who are making less than $15 an hour and nearly 40 million people in our country earning less than $17 an hour.

Shamefully, the federal minimum wage, despite the efforts of myself and other people here, have not been raised since 2009 and remains an unbelievable $7.25 an hour. Will you work with those of us who want to raise the federal minimum wage to a living wage to take millions of Americans out of poverty?

Shamefully, the federal minimum wage, despite the efforts of myself and other people here, have not been raised since 2009 and remains an unbelievable $7.25 an hour. Will you work with those of us who want to raise the federal minimum wage to a living wage to take millions of Americans out of poverty?

No, sir. Okay. Mr. Besant, millions of working class Americans who are struggling to keep their heads above water are paying outrageously high interest rates on their credit cards. Over half the American people who take out new credit cards are being charged interest rates of over 24%. 24%.

No, sir. Okay. Mr. Besant, millions of working class Americans who are struggling to keep their heads above water are paying outrageously high interest rates on their credit cards. Over half the American people who take out new credit cards are being charged interest rates of over 24%. 24%.

During his campaign, President-elect Trump promised that he was going to cap credit card interest rates at 10%. I happen to think that that is a very good idea, and I will soon be introducing legislation to do just that. Will you, as if you are confirmed, be supportive of what President-elect Trump said and what I want to see happen, and that is to cap credit card interest rates at 10%? Okay.

During his campaign, President-elect Trump promised that he was going to cap credit card interest rates at 10%. I happen to think that that is a very good idea, and I will soon be introducing legislation to do just that. Will you, as if you are confirmed, be supportive of what President-elect Trump said and what I want to see happen, and that is to cap credit card interest rates at 10%? Okay.

Trump said he wants to cap credit card interest rates at 10%. I agree with him. Will you be supportive of what Trump and I would like to do?

Trump said he wants to cap credit card interest rates at 10%. I agree with him. Will you be supportive of what Trump and I would like to do?

Thank you very much, Mr. Chairman. Thank you very much. Next is Senator Smith.

Thank you very much, Mr. Chairman. Thank you very much. Next is Senator Smith.