Political Quotes

Jim Bunning: “Disclosure is usually the place the SEC does and should start.”

On the recordJuly 28, 2009
Disclosure is usually the place the SEC does and should start.
Said by
Jim Bunning

Editor's note · Context

Bunning emphasizes the importance of disclosure in addressing financial issues.

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Are the Fed and the GSEs going to aggressively pursue pull-back of mortgages to the originators and investment banks to reduce taxpayer losses?

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I think the SEC better be capable of better things.

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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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You need a change in the law then.

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