Jul 22, 2009
Well, even if we write it into the law, they don't do it, because in 1994, we wrote it into the law that they monitor all mortgages within the banking system that they control and within the mortgage brokers.
Jim Bunning
The Public Record
Jim Bunning is a former United States Senator from Kentucky, serving from 1999 to 2011. A member of the Republican Party, Bunning was known for his strong conservative positions and advocacy for fiscal responsibility. Before his political career, he was a professional baseball player, notably a pitcher in Major League Baseball, where he was inducted into the Baseball Hall of Fame in 1987. Bunning's tenure in the Senate included a focus on issues such as energy policy and workers' compensation reform, often criticizing the Department of Energy's handling of compensation programs for workers.
congress.gov
Jul 22, 2009
Do you think the Federal Reserve would do a better job at monetary policy if its only mission was keeping a stable currency?
Jul 22, 2009
When they came to us, when they asked for the TARP money and said, this is going to be as transparent as anything that we have ever dealt with, and they have completely stonewalled who they lent the money to, how much money they printed…
Jul 22, 2009
A more practical and effective way to limit the damage firms can do is to limit their size and exposure.
Jul 14, 2009
My problem is, I don't know if we can afford to find the brains that we need to hire to get a hold of this problem.
Jul 14, 2009
Who in the Federal Government knows the markets well enough to effectively regulate and understand what hedge funds and other firms are doing and the risks they might be creating?
Jul 14, 2009
But then you have to have someone who knows to ask the right questions and get the right information.