Political Quotes

Richard Blumenthal: “We know now that for 14 years, despite a clear directive from the U.S. Congress, the Federal Reserve Board took no…”

On the recordJuly 13, 2009
We know now that for 14 years, despite a clear directive from the U.S. Congress, the Federal Reserve Board took no action to ban abusive home mortgages.
Said by
Richard Blumenthal
Democratic · Connecticut

Editor's note · Context

Blumenthal criticizes the Federal Reserve for failing to act against abusive mortgages.

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