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
congress.govAre all of you familiar with the 1994 law that the Congress passed giving the Federal Reserve the jurisdiction over all banks making mortgages?
Bunning references a law empowering the Federal Reserve to oversee mortgage practices.
Share
More from Jim Bunning
Then why do you submit your reports to the SEC so they can redact anything, to prevent the public and our Committee from knowing exactly what you said in the report?
Let me get one thing straight. You are the Inspector General for the SEC, correct?
The unemployment rate as of January 2009 was 7.7 percent. In August of this year, the unemployment rate was 9.6 percent.