Political Quotes

GARY G. MILLER: “But when we proceed with caution, such standards can actually be detrimental to our economy if not properly applied.”

On the recordNovember 28, 2012
But when we proceed with caution, such standards can actually be detrimental to our economy if not properly applied.
Said by
GARY G. MILLER
California

Editor's note · Context

Miller warns that overly cautious capital standards may harm the economy.

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Jun 25, 2013

Yet, by requiring this Davis-Bacon mandate, we are beating up the price of apartments and condos and townhomes by 20 to 25 percent.

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NAFCU believes that any relief efforts should not bifurcate the industry by asset size and would not support such an approach.

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I have some real concerns with that. I have had a concern with the definition between subprime and predatory for years, and I am glad to see we are going to finally deal with it.

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While I strongly believe in coordination among international regulators, we must resist the tendency of pursuing a one-size-fits-all approach.

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