“The failure to restore this funding as directed by Congress is a disservice to the thousands of election jurisdictions across this country.”

Political Quotes

Paul S. Sarbanes

The Public Record

Paul S. Sarbanes is a former U.S. Senator from Maryland, serving from 1977 to 2007. A member of the Democratic Party, Sarbanes was known for his work on financial regulation and consumer protection. He played a significant role in the passage of the Sarbanes-Oxley Act in 2002, which aimed to enhance corporate governance and accountability in the wake of major financial scandals. Throughout his career, Sarbanes focused on issues such as education, healthcare, and the environment, advocating for policies that benefited Maryland residents and the broader American public.

Quotes by year · 1994–2024218 total · peak 2003 (127)
1994: 12 quotes1997: 1 quote2001: 20 quotes2002: 4 quotes2003: 127 quotes2004: 28 quotes2005: 7 quotes2006: 4 quotes2009: 6 quotes2010: 1 quote2011: 2 quotes2012: 1 quote2013: 1 quote2016: 3 quotes2024: 1 quote
Sep 9, 2003

I understand that the majority of the loans held by the Bank System are jumbo loans, beyond the conforming limits; is that correct?

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Sep 9, 2003

The housing GSE's should have a strong regulatory oversight structure that ensures both the safe and sound operation of the GSE's and the fulfillment of their housing missions.

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Sep 9, 2003

I guess that raises the question, you know, what is the purpose of the System and why should the Home Loan Banks be devoting or providing low-cost funding to such large institutions which have direct access to the capital markets…

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Sep 9, 2003

I mean, what is the purpose of this? I mean, from the point of view of the institution, it is a good deal, but what is the public purpose of it?

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Sep 9, 2003

Let me throw another factor into the mix as we proceed along.

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Sep 9, 2003

I must say, in both instances, I, it is my own position, that the board cannot do this without coming back to Congress for a statutory change.

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Sep 9, 2003

What is your view, expressed by some, that the exposure to risk that the Home Loan Bank System is engaged in is increasing and that poses a potentially significant public policy question?

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Jul 22, 2003

I intend to support his nomination.

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Jul 22, 2003

I intend to support her nomination as well.

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Jul 22, 2003

So you are entertaining the prospect of changing the OFHEO rule with respect to the capital standards?

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Jul 22, 2003

I appreciate that. I wanted to just say that I am pleased to welcome these witnesses: Thomas Curry, who has been nominated to be on the Board of Directors of the Federal Deposit Insurance Corporation, and Alicia Castaneda, who has been…

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