When I joined the Marines, I went to Quantico for training. One of the first things I learned is that you can drop out of a run, a couple runs. You can fail the test or a couple tests in a row, and they'd give you a second try. But if you lied about anything, you were gone that afternoon. That's how important integrity is in the military.
- Seth Moulton
Operational risk is the risk of loss resulting from bank operational failures, such as rogue traders, fraudulent sales practices, and cyber risks. Operational risk capital is money or assets that banks have to hold to shield the economy from the consequences of these kinds of failures.
- Seth Moulton
The number of Pelosi allies who have come to me and told me to back off, that I'm not doing the right thing, is exactly zero. The number of members of the caucus who voted for her, who have checked to see who was listening and then patted me on the back and then said, 'Keep going Seth, you're doing the right thing,' is literally dozens.
- Seth Moulton
Escrow accounts are an important tool for homeowners to the reduce the risk of mortgage default on high-priced loans. Millions of Americans, including my wife and I, utilize these accounts to make monthly payments towards the annual financial obligations that come with homeownership like taxes and insurance.
- Seth Moulton
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