On the recordJuly 6, 1999
We're going to work hard for those House provisions. I don't see how--look, I know sort of ideologically where Phil Gramm is, but you cannot look at the fact that we have the strongest economy in a generation, maybe ever. During the same period of time, when--this was a 22-year-old law, and over 95 percent of all the money loaned under it has been loaned in the time that we've been here with this administration. You cannot make a factual argument that the CRA is so burdensome to bankers that it's somehow bad for America. It's been good for America, and it's been good for banks. So I feel very strongly about it. Mr. Brownstein. I feel ground approaching, so I'm going to try to talk about a couple of other issues with you.
Source
govinfo.gov




