Political Quotes

Ed Royce: “The extent to which our entire financial system was and continues to be dependent upon the grades issued by NRSROs is…”

On the recordMay 18, 2009
The extent to which our entire financial system was and continues to be dependent upon the grades issued by NRSROs is really remarkable.
Said by
Ed Royce
Republican · California

Editor's note · Context

Royce highlights the financial system's reliance on credit rating agencies.

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