Political Quotes

Henry Waxman: “It wasn't regulations that caused our financial collapse and the deepest economic recession since the Great Depression.…”

On the recordJanuary 25, 2011
It wasn't regulations that caused our financial collapse and the deepest economic recession since the Great Depression. It was unbridled deregulation.
Said by
Henry Waxman
Democratic · California

Editor's note · Context

Waxman argues that deregulation, not regulation, led to the financial crisis.

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