Political Quotes

On the recordApril 27, 2010
It's not even 3 years since Bear Stearns landed flat on its back, that Lehman Brothers landed flat on its back, that AIG contributed to a destruction of our economy which resulted in the destruction of $17 trillion of the household wealth of the American people. We have spent the last year assembling a commonsense, market-oriented package of reforms, bringing derivatives onto exchanges, creating an agency which prevents mortgage brokers from selling mortgages to American families that that broker knows can't possibly be repaid. Yet the other side is saying ``no,'' saying ``no'' to the kind of commonsense reform that will restore Americans' faith in their system, make them comfortable investing in America. Yesterday in the other body, a big step back was taken. The time is now if we are to be serious about addressing the crisis that this country is only now emerging from for this House to set aside partisanship and pass financial regulatory reform.
Said by
Jim Himes
Democratic · Connecticut
Source
govinfo.gov
Apr 27, 2010

Editor's note · Context

The speaker addresses the need for financial regulatory reform in the wake of the economic crisis.

Share

More from Jim Himes

Jun 7, 2026

The Ukrainians are now winning, by any standard, right?

cbsnews.com
Jul 19, 2026

What you have is somebody who is so demented that they are either wittingly or unwittingly participating in a coup d’état.

huffpost.com
Jun 9, 2026

The right thing to do is for the White House to say tonight that Bill Pulte will not be DNI, and we pass 702 probably with more Democrats and a stronger bipartisan vote.

cbsnews.com
Jun 8, 2026

You just could not have come up with worse timing for what is probably the worst appointment into the intelligence community that I've ever seen.

cbsnews.com

Other voices in this conversation