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.
if we would have had good regulators, we wouldn't be in the crisis we are in right now.
Those admissions should raise questions about whether we can ever create a risk regulator that will understand and act to stop systemwide risk.
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.
In other words, we should take all manners of dealing with a broker-dealer, whether it be securities, whether it be bonds.
Then we would need one for about 25 major market banks, money market banks in New York City, one regulator each for each one, because those are the ones that are too big to fail.
It is owned by the Federal Government, so the Federal Government is the regulator.
We have the capacity with the large amount of natural resources on our public lands to make an important step forward in achieving energy independence.