Jim Bunning: “Are all of you familiar with the 1994 law that the Congress passed…”

On the recordOctober 6, 2009

Are all of you familiar with the 1994 law that the Congress passed giving the Federal Reserve the jurisdiction over all banks making mortgages?

Said by

Jim Bunning

Source

Bunning references a law empowering the Federal Reserve to oversee mortgage practices.

More from Jim Bunning

Sep 21, 2010

I think the SEC better be capable of better things.

Nov 15, 2010

When are you going to do something about this and get off the backs of our community bankers?

Sep 21, 2010

You have the authority to issue your reports as you see fit.

Sep 21, 2010

No, no, no. Why is it your decision to report to the SEC and not to the public which you have an obligation to do?

Jim Bunning: “Are all of you familiar with the 1994 law that the Congress passed giving the Federal Reserve the jurisdiction over all…”