Political Quotes

Henry Waxman: “The cause of the financial crisis was not regulation; it was the absence of regulation.”

On the recordJune 2, 2011
The cause of the financial crisis was not regulation; it was the absence of regulation.
Said by
Henry Waxman
Democratic · California

Editor's note · Context

Waxman emphasizes that lack of regulation led to the financial crisis, not excessive regulation.

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