Political Quotes

Jim Bunning: “If you sat on your hands, which the Fed did in overseeing mortgages and mortgage lenders and banks that were under your…”

On the recordMarch 17, 2009
If you sat on your hands, which the Fed did in overseeing mortgages and mortgage lenders and banks that were under your jurisdiction, then I think that the Fed is a failure in doing what they are supposed to do.
Said by
Jim Bunning

Editor's note · Context

Bunning criticizes the Fed for inadequate oversight of mortgage lenders.

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Sep 21, 2010

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

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In 2006, we had a huge housing crisis in this country. And even before that, the mortgage crisis showed its face in 2001 and 2002.

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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?

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